I have a full IR update from Collin at Halo - must readHI All, ok i know i was skeptic but since getting emails from IR i feel a bit better - here is update direct from Collin at IR:
- They have filed to list on US markets - no timeline but paperwork is filed and its proceeding (this will be huge as right now its visibility is low for USA investors)
- Not planning to list on CSE in Canada for now stick to NEO, but in future maybe
- No plans to raise more money since their last small round
- They have agreements in the works for licensing in Canada, terms will be released when complete
- Falcon Contact confirmed will NOT be affected by harv buying them (THIS IS GREAT NEWS AND WAS MY FEAR )
- 2nd CALI facility is being built right now and they hope to have open for Q2
- They arent expanding more states in 2019 they are focused on CALIFORNIA as its their biggest market
- They have the LESOTHO investment and Canada and EU slotted for down the line and once those are going they will look at new STATES expansion
- Falcon contract has built in margins so this is great news as it offsets oregons compressed margins, he says they are "maintaining position in oregon)
- he says they have a solid pipeline of PR lined up for coming months that is "Exciting"
- He says that the financials coming out will capture CA and NV revenue (thats huge)
- He ended email saying that we should see udpates on revenues "shortly"
Overall this is good news - i am back in and took a long heavy position - with the OIL market exploding, this could be a hidden gem and a potential 5 to 10 bagger here. Suggest everyone loads up. Good luck to all