GREY:NCNNF - Post by User
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ILIKETAon Nov 26, 2019 6:25pm
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Post# 30395628
RE:RE:RE:Has anyone communicated with 48north
RE:RE:RE:Has anyone communicated with 48northhttps://grizzle.com/48north-nrth-fiscal-q1-2020-report/ This is for that idiot clubhouse19. Investors should learn two things from the 2019 harvest results - Always assume the outdoor yield will be lower than what management expects. Outdoor introduces many variables that make growing more of a challenge, not to mention its management’s job is to sell you a positive story so you buy their stock.
ILIKETA wrote: Another idiot who professes to have all the answers while bragging about his entry price every chance he gets.
GFY clubhouse19. You are definitely on ignore.
clubhouse19 wrote: Got some answers and I am not overall concerned.
1- Dring equipment is purchased and in possession.
2- They just recently received the building permit from the county for the drying facility.
3- Once the drying facility is completed and equipped, then HC issues license.
4- The rest fo the product that wasn't dried went for disposal as per regulations.
5- They have enough product to meet commitments.
As I mentioned before wand they confirmed, if you all seen the last presentation, they did forecast 25 cents per gram ..that obviously was based on 12kgs of dried product.
When I saw that presentation, I did notice the 25 cents per gram and wondered why Aleafia was able to get 8 cents per gram. It is obvious now why that was so, meaning that if North was able to dry all 40k kgs they could have had a cost per Gr of 7 - 8 cents.
Like I said...not too worried but I wasn't in as deep as likely most of you and at a much later time.
Nothing like talking to the ones concerned rather than spewing all kinds of stuff over a stock board and accusing insiders of scamming.
FD1578 wrote: Has anyone talked with a representative of 48north?