GREY:CRXPF - Post by User
Comment by
GoldMineeon Oct 25, 2018 2:52pm
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Post# 28873191
RE:IF CROP GETS 2000 PER LB 30% = 600K MONTHLY
RE:IF CROP GETS 2000 PER LB 30% = 600K MONTHLYThey will be getting around $600 a pound. Still nice returns....600k monthly revenue for the property.
SP is being manipulated from short sellers. Also the early warrant exercise is causing pressure on the stock. After november 2 we should see a move back up.
Company is short on cash but will have more with these warrants. They do not want to raise more money through equity financing.
Revenues may not be seen on quarterly release until possible Feb 2019. As the next release will be end of November and then the following in Feb. They expect revenues/income to come in before year end though. This will help with expansion.
Company is doing a great job but dealing in rough waters currently. Hang tight.