GREY:SNNVF - Post by User
Post by
URLaughable3on Sep 20, 2018 10:16am
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Post# 28654773
Not trying to pump, just as irritated as the rest, but
Not trying to pump, just as irritated as the rest, butYou have to realize the value here, in another year or 2, the $5-$12 will be irrelevant. This company is on the verge of production in Cali, with an extraction facility, dispensary and accessories division all already in operation or ready to go when crop harvested (dispensary part of the facility). <br>
some ppl are impatient and that’s typical of retail investors. But think about it, on pace for $20M in revs this year without any changes to current operation. $16M in revs in first year (2017). With all these rev generating catalysts on deck. As stated, the extraction facility started generating rev this Q (Q3 2018), first crop in the soil in Q4 and harvested Q1 2019. These 2 things alone are set to balloon current revs. Seed to sale margins on flower are great, but seed to sale margins on extracts are huge, and I believe Q3 2018 ER alone with clarifications on spinout and financing will show this comps true potential and a respectable share price uptrend. <br/>
Ignore the sector and focus on your investment, you chose a multinational comp on a small time exchange, so give it the benefit of the doubt and let it play out.