GREY:BZAMF - Post by User
Comment by
UserErroron May 07, 2018 2:08pm
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Post# 27992690
RE:RE:RE:Sold some of my other stocks last week for this one
RE:RE:RE:Sold some of my other stocks last week for this oneThis is actually kind of funny. I would never have thought we'd see sub $4 trades for TGOD. We are seeing these exceptional entry opportunities and people are scared.
This company is building itself to be a top contender and will be absorbed by Aurora in the next couple of years. Management is structuring everything perfectly and have clearly laid out everything you need to know going forward. As the company executes and grows, Aurora will need to pay top dollar to acquire more shares.
Just an FYI for anyone wondering what the upcoming catalysts will be, other than legalization. The Hamilton municipal government is voting on some of their laws around land use. Some people are arguing that they don't want LP's driving out agriculture, but the land proposed for these sites is currently not being utilized. I don't see why this wouldn't pass as it's a missed opportunity for tax rev and job creation. Once those laws are passed, TGOD will announce plans to expand the Hamilton Facility (educated guess), since the current plans only utilize a small portion of the 100 Acres.
How will they fund these additional expansion plans? Through their built-in financing mechanism with Aurora.
On August 2nd, Aurora's first ownership increase clause will be triggered where they can purchase an additional 8% ownership at 10% below market value. If the shares are trading around $5.55 at that point, TGOD will receive approximately $90 million from Aurora. Over the next 12 months, two other conditions will be triggered with the same details. If the share price is higher, then even more cash gets injected into the business to fuel expansion.
TGOD will turn into a machine.