GREY:EDYYF - Post by User
Comment by
Misbrandton Apr 17, 2019 12:39pm
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Post# 29638753
RE:RE:RE:AG Tech
RE:RE:RE:AG TechWell if you connect the dots in BestCaseScenarioLand you have:
-Management saying "vote on a rollback, we won't use it unless it makes sense to but it is the only way to get new institutional money looking at this stock" then that means they expect us to get to .20 to be able to use the rollback (as .185 cents doesn't mean anything to insitutional money but 1.00 does).
-Creating a new JV with half of the partner hiFarms who we had an agreement to ship 260 units to.
-Clearly having at least some of those units ready to go (possibly many because things of those shape show up in photos of the warehouse here and there and our side of it shouldn't take long per unil).
All sums up to we have a greenlight on that 260 unit order with potentially many more following.
Remember, we dropped hiFarms because they couldn't "provide deliverables"(i.e. things to stick in the grow boxes". Not they couldn't "provide receivables (i.e. money). Maybe growratio can provide the equipment to fulfill those orders previously assigned to hiFarms (same director anyway so it wouldn't be hard to find those customers again).
Now back to reality....Still waiting for revenues of any kind to light this firework. New deals announced hold no water without cash coming in so the clock keeps ticking.
I personally think it is good that we are doing different things, I think our products are solid. Flight can tell you themselves if the above scenario is different from what is giving them hope but that is my assumption.