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CO2 GRO Inc V.GROW

Alternate Symbol(s):  BLONF

CO2 GRO Inc. is a Canada-based precision ag-tech company. The Company is focused on delivering carbon dioxide (CO2) delivery solutions to the global protected agricultural sector. Its patented technology provides the service of C-stainable crop production and pathogen perimeter protection for healthier crops by enriching plants with CO2 via an aqueous CO2 microfilm on the leaf surface. About 300 million metric ton (MT) of fruit and vegetables are grown annually from about five million hectares of protected vegetable facilities globally. The Company operates in Canada, the United States and the European Union. The Company's subsidiary is CO2 GRO (US) Inc.


TSXV:GROW - Post by User

Bullboard Posts
Post by Wiseowl50on Jan 16, 2019 1:24pm
127 Views
Post# 29240578

Forecasts

ForecastsThe Sept. 30 financials show that Grow spent $650,000 on cash from operations. This 
would be close to $900,000 on an annualized basis.   This is primarily overhead costs , marketing,travel,trials, legal fees etc.  We can expect this to increase as salary costs and travel costs accelerate.  The estimate of 2 mil is maybe a bit high and they are sitting on tax losses (which I assume can be applied against the new business) this should help EPS for  the first few years.
Bullboard Posts