Ravenquest Biomed Inc RVVQF

RavenQuest Responds to Patent Claim - 5 Key Takeaways

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RavenQuest BioMed Responds to Patent Infringement Claim

 

1. On the patent infringement claim: We responded yesterday and I'm really happy to let everyone know where we're at with it it's still in the courts but we filed our response with our claim of no infringement further we've submitted a 350 electronic binder to the court further suggesting that Roto grow patents are invalid.
2. On shareholder value: I spent the last two or three weeks meeting with many of the largest shareholders of RavenQuest they want us to focus on that we are a technology company that grows cannabis they want us to really push our technologies that we have they want us to bring them front to the market in 2020.
3. On International and global markets: We're going to now start chasing after the US market. Right now we're getting lots of calls from Europe we've had a couple of calls from Australia people wanting to use the technology under the same sort of agreements we're working with cannabis Biocare which is joint ventures which we will come in supply the technology operate the facility to us design the facility and find the staffing for it this is becoming a very interesting business model as I think many people have tried to do the standard way of doing business which is hire 10 or 12 consultants try and put something together rather than two turnkey solutions.
4. On Orbital Gardens: I’m gonna look at some gardening sales if I can see it if all comes together you know somewhere in the 20 to 40 million dollars in 2020 just in garden sales and through leasing or royalty agreements.
5. On Canadian Market: Right now the consumers are really really quite happy with the flower and we're gonna stay in that pie of that place with the pre-rolls. 

 

See original Midas Letter Interview: https://youtu.be/n0HvKA8qu7M