GREY:SNNVF - Post by User
Comment by
URLaughable3on Jun 25, 2019 8:26am
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Post# 29859443
RE:RE:RE:Every investor is underwater
RE:RE:RE:Every investor is underwater You obviously know absolutely zero about growing anything in greenhouses. Much cheaper to vent out extra heat, than generating that heat yourself via HVAC units. Lighting and heat is the highest costs involved in most grow facilities, and they have minimized the need for both. The recycling of water is another major cost reducer. The glasshouse is the key to low margins. But hey, your amateur and inexperienced outlook is probably much more accurate than that of the engineering departments designing state of the art grow facilities eh. Management fumbled the wide ranged plan out of the gate, wanted too much too fast. They have corrected the business model and narrowed focus. They have also squeezed $15M outta okanogan falls property to help fund another couple months without a PP. Lets see Q2 revs in Cali and go from there. If they stay on track for $60M+ in revs without the glasshouse operational yet, I dont see how anyone can be upset. IMO they have turned the corner and are headed in the right direction, now its a waiting game on when the stock price will do the same.