GREY:VDQSF - Post by User
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PumperStalkeron Jun 03, 2018 5:32pm
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Post# 28117746
RE:RE:VP setting to return 1000% with Coming License
RE:RE:VP setting to return 1000% with Coming LicenseSorry Celtic but your WAY OFF your expectations also.
"All of which should be coming within the next 4 weeks imo."
You better do some more DD on how long it's taking companies to get their cultivation licenses considering that HC has only issued ONE IN THE PAST SIX WEEKS
celticnomad wrote: EOIM. As much as I applaud your optimism and I do agree that VP is going to blast off soon, I do feel your prdeictions are maybe a 'bit' too rosy. Also a quick calculation will tell you that the market cap is actually $10 million - which I agree is still VERY small in relation to even a CURRENT fair valuation of the company which I would peg somewhere in the range of $20 to $30 million (or .50 to .75 per share BEFORE receiving their LP).
So in these repects the company is indeed a screaming buy. However, against the background noise of numerous other factors and numerous other Cannabis companies, fledgling and well established, it is obvious that Vodis is still flying just below the radar and have yet to attract the much larger number of ears and eyes which are sure to be tuning in once the LP has been received or perhaps just before that.
So, although it is not inconceivable that Vodis may eventually reach $2.50/share, I feel that will not happen until production has commenced, first harvest has been inspected and sold and future expansion facilities are announced in the Delta and/or lower mainland including I hope much larger Greenhouse production facilities. And all this hinges of course on Vodis receiving the holy grail of cannabis producers - their LP.
In the meantime, we can expect the share price to rise gradually and perhaps more agressively in the coming days and upon the issuance of NR's annnoucing: 1) first the submission of the VIDEO of facility readiness to HC and 2) soon after that, the receipt of the LP.
All of which should be coming within the next 4 weeks imo. So close now I can almost taste it! GLTA :)