Wayland Group Corp MRRCF

RE:RE:RE:RE:Is it possible for WAYL to go to $4 in 2019?

[DSeng89]

I really hope so man. We know they had $57M as at Mid-October when the bought deal closed and around $4M (book value) worth of inventory at the end of September 30, 2018. Their G&A + Sales and Marketing expense for Q3 was well over $11M last quarter and they still need to allocate funds to complete Phase 1/2. It's going to take anywhere between 4-6 months from seed to sale before we begin seeing some significant revenues coming from the newly licensed rooms. With the recent downturn in global markets, it'd be wise for them to maintain a decent cash position. Most LPS have well over $100M cash in the bank. Again, I really hope you're right that the revenue/profits accrued will be enough to fund their current costs of funding expansion and operating.