RE:RE:RE:RE:RE:Before I pass the baton...ALL DAY ...EVERYDAY...Rad10 ..rad10 wrote:
Why so angry? You need help. This industry certainly attracts some fruit loops......
you think I care about towering mars and his analogies with Apple (I am long both in AAPL stock and through BRK.B)? Outstanding analogy...... It's amusing this clown show.
Can't make this stuff up. Great way to kill time on call.
Thanks for the big cheque this week. You really should buy back your notes.
LOL so its a clown show if someone makes a post to actually discuss the security and what the company is up to, but you can go on an 80 post tyrade trying to convince people you're a debenture holder. Any sane person who was actually an investor wouldnt care to prove or waste time trying to keep face, for what was it 26 HOURS over the weekend. TWENTY SIX HOURS. And let me add, one doesnt generally snicker at the companies preformance and talk smack about collecting interest on the debentures. Then to go on posting bash articles about how the canabis market is doomed. You know, the kind of thing regular debenture holders would do. But its rather cute how convicted you make it sound by playing the role... You deserve an Oscar. I'm suprised we have yet to see a post that screams, GUYS... GUYS I SWEAR I HOLD DEBENTURES. Kinda funny how Knowwhentotakemymeds disapeared during all of this. I'm sure he's got some profound wisdom to drop on us?
But back to that November 11th 2019 article you posted. What really caught my eye was their assumptions in their math.
"The key line here is the $0.10 per gram “all-in” cost per gram to harvest, which bakes into some “half-baked” amortization scheme (pun most definitely intended)."
How is it half baked to incorporate the capital costs amortized over 5 years?
Then it goes on to say the 10,300kg costs roughly 1.03 million to make (as if it were a bad thing they grew so much) even though the final numbers we're even higher than 10,300kg (actually 12,747kg's... But thats the dangerous thing about sharing almost year old information as if it were todays article). And goes on to imply that there wont be anywhere to sell it... The ol' chicken little sky is falling number... Flash forward to not a 2019 article (you know, cause us actual shareholders like to keep with the times) And you'll see that we've already made 14.405 million from it. 2.805 + 11.6 = 14,405,000.00.
1,122kg's at $2.50 in Q4 = 2,805,000.00
Kg's at blended rates in Q1 2020 = 11,600,000.00
You know, the audited financials that read 97% margins on wholesale cannabis sales for Q4 and 91% for Q1.
But yeah... Thats a brual deal... Spending 1.2747 million to make 14.405 million. They're doomed. DOOOOOOOMED I SAY!
And let me just finish by adding another analogy because I know you're so fond of them.. You and you're infinate wisdom... But good sir. Apple has recurring sales on FKNG cell phones every year... If you dont think the pot market will have recurring sales that not only match last years, but grow year over year. Then you deserve to get caught pants down in a dirty roadside bathroom doing unspeakable things.
You sir, are the proverbial clown. Though I'm not sure who'd hire you for a childrens event.
Dont you just hate rational fact based discussion? You should probably look for more outdated articles to back up your "im an investor but look at this" scheme...