GREY:MRRCF - Post by User
Comment by
DSeng89on Mar 20, 2019 9:15am
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Post# 29510003
RE:Acquisition was supposed to close on or around Mar 1st
RE:Acquisition was supposed to close on or around Mar 1stThey will eventually become a billion dollar company, but not now. Our current capacity does not justify a billion dollar valuation. Maybe come Q3 2019 when they have Phase 1-C and 1-D completed, then we will see a shift in investor sentiment or if we receive a German cultivation license next month. They have 8,300-9,000 plants ready for sale by April 2019 from room 808 with average yields up to 106.6 grams and an additional 30,000 plants that have been planted from December 2018 - March 2019 (21,700 + 8,300 top up to 808) with most ready for sale before the end of Q2 2019. Also note, this is in addition to w.e capacity they currently have in their old facility. Anyone have an idea what their old facility's output is? I'm pretty sure the Q4 1.3M and Q1 2.7M revenues are set in stone, but there's definitely potential to exceed the $6,900,000 guidance for Q2 2019.
EmergingDD wrote: Instead WRLD.U halted because of Elvis presley.
Makes sense. What is with this man. Wayland should be at a Bil + valuation. Look at this sector.
Not it a lot makes sense but this has to be the biggest mystery around