Wayland Group Corp MRRCF

RE:I am out, huge loss

[DSeng89]

goinfishn wrote: money was tied up for a year. GLTA

That's unfortunate man. GL in your future investments. For other investors still in Wayland, we need to remember it's only been 2 months since legalization. The stock price is underperforming, but it doesn't mean the company's future earning potential is diminished. The industry has just begun and sales will begin ramping up in 2019 whether that be in Q1 or Q2. These guys have signed agreements with the provinces and Cannamedical that amount to 15,000-20,000kg over the course of the next year. That's easily $75M in revenues and doesn't include any money coming from CBD cigs, CBD pills, Hemp or additional top up agreements. The Cannamedical agreement is for a MINIMUM of 3,000 kg a year, so they can easily export 5,000 or more come Q22019. It seems like the reverse split and their current cash position has really struck fear into a lot of investors' mind, but if you look at this from a longer term perspective, the company is just fine. Our market cap on a fully diluted basis is $350M with 45M of that being cash. A RS will reduce our shares but how much further can their market cap drop based on their future earning potential? If they need to dilute once more to tie them over to 2019, then I'm fine with that. It's important to understand that these guys won't be sitting on much inventory until 2019 given the rate their product is selling at.