GREY:LXLLF - Post by User
Comment by
zen2twentyon Aug 06, 2019 1:37pm
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Post# 29998160
RE:RE:Guidance downgraded
RE:RE:Guidance downgradedbullmarkets wrote: these guys just make sh$t up anyway, nothing is believable. they have no money so how are they going to buy biomass to process. how about the lawsuit with farmers. thats 8 million bucks.
With this PP they have $15M plus $5M possible with wrts. So yes they now have money.
None of this is for NM, it's for current obligations, upgrade Montana too 3000kg/month and to buy high grade(more then 10%) biomass, to process.
The farmer lawsuit means nothing until next year, unless settled out of court. The farmers hemp is low quality, low CBD content. Maybe it gets used in NM one day. The farmers harvested too early, they had limited experience with growing hemp and they proved it.