RE:RE:RE:RE:The whole thingStockScammers wrote: Fundy13 wrote: The only reason I bought HUGE in teh first place (sold at $0.53 to buy TRPX instead) is because I hav econfidence in Auxley. I believe that Auxley management is wisely investing the money they have raised into this sector and and done their DD before handing over $50million+ to complete the build out for HUGE. The guys atop XLU helped Canopy Growth become what it is today and probably have the most experienced managemetn team in the POT sector.
I am positive that many of these start up companies will fixxle and die, but I think with XLY backing them HUGE will be one that sticks around and becomes a major player.
I do not think the big money will be made by being a POT grower, but rather through product development on the Rec side, and medical innovations on the medical side.
This is not about how much POT you can grow it is about what you do with it.
I do not think HUGE can become a hugely profitabel company by growing Pot, giving half to XLY at cost and the wholesalling to retial providers. I think they would have a hard time having profits over $50million/year doing that, which would be needed just to justify the current SP.
However if they have a FDA approved drug that can be produced using there crops then suddenly the same amount of POT can be sold for 10-20 times the price and they can haveprifts that justify a $10billion Market Cap.
For this to happen in the next 1-2 years they need a partner that already is a few years into the research process. Hence TRPX. It really is a great match.
If you're invested here because of Rifici and Auxly you may want to recalculate your position because frankly I think they have vastly overstated the market to say nothing of their role in it. They've made some pretty questionable deals and while this may not be one of them as yet, I have nowhere near the same degree of confidence you have. I also think Auxly's business model will fail within 18-24 months tops as producers come to the conclusion that handing over half their revenues/profits to some unnecessary middle man is in no way helping their bottom line or shareholder value. Invest in the growers and not in the con artists trying to make a buck off other peoples' efforts.
So what would the producers do? Break their contract with auxly? Law suits up the a**. They have deals that run 99 years, there is no getting rid of the "middle man" they are financing the projects. They are the money and the experience they wouldnt have anything without them.