The worse is now behindThe Fed decided to raise the rates as planned and crashed all the markets today at 2pm.
All the major stock market indexes are now sitting at their 52 week low or even lower as we are speaking. Relevium is holding very well despite all this.... Things can only get better from here.
Beware that bashers might invade our board and try to discourage us to get our shares cheaper.
We had a clean community since a while but things might change from now on. So let's try to focus on the positive things that are coming and just ignore the noise.
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The Farm Bill is now closer than ever and will open a whole new market to Relevium.
Our Hemp CBD brand Leefylyfe® will be launched in the US powered by our Bioganix® brand which is already being sold at Walmart and Amazon.
We also have the upcoming partnership with Holistic Industries that are already established in the US with their Liberty Cannabis stores and brand. (see my previous post below for more details)
https://www.stockhouse.com/companies/bullboard/v.rlv/relevium-technologies-inc?postid=29114181 And let's not forget about our Biocannabix® brand that will open the cannabis market to us in 2019.
This will give Relevium 3 different sources of revenue in 3 different markets for 2019.
- Vitamins & Supplements
- Hemp CBD
- Cannabis
Relevium made $4,15M (audited) in 2018 only by selling vitamins & supplements through its Bioganix® brand and PlanetHemp exclusive product agreement signed with HempCo.
Current market cap of $10,8M (2,6 times our current revenue based on vitamins & supplements sales only)
The correction has to come, the market can't stay irrational much longer. Future will be green.