Heritage Cannabis Holdings Corp HERTF

RE:RE:RE:Inching closer to poor Q4/19 disclosure.

[Longongreen]

PI's Q4 revenue estimate was/is $3.3M. Heritage will hit the mark. The vape crisis and Alberta and Quebec decisions to not allow vape sales in the beginning months of Cannabis 2.0 had zero impact on Q4 numbers given that Q4 ended October 31, 2019. The quarter will show revenues from a variety of customer engagements, the largest of which was pumping out oil for various formulations to begin fulfilling the Cronos contract. Milestone payment revenue would have been recognized in Q4. The scaled back approach by the provinces will have impact on Q1 numbers however. People seem to have an expectation of hockey stick revenue growth for Q1 but tempered expectations should be a modest growth in revenue over Q4. The hockey stick growth will start in Q2 and continue throughout the rest of fiscal 2020. At that point Bob, what in the world will you even have to complain about?

BobGreenfield wrote: Endeavour ....... I'm expecting the reality to not meet the expectations of the market.

You keep quoting the PI financial numbers but you don't seem to contextulaize the 1 year target price to Q4/19 reporting.

endeavour wrote: expectations are for 2.6 to 3.1m i think it was. You expecting them to come in lower than that? I think thats unlikely. I think they will hit their numbers, even with the slow rollout across the industry, which would be a huge positive.