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CubicFarm Systems Corp V.CUB

Alternate Symbol(s):  CUBXF | V.CUB.DB

CubicFarm Systems Corp. is a Canada-based local chain agricultural technology company. The Company is engaged in developing and deploying technology to feed a changing world. The Company’s proprietary ag-tech solutions enable growers to produce quality, predictable produce and fresh livestock feed with HydroGreen Nutrition Technology. The CubicFarms system includes patented technology for growing leafy greens and other crops onsite, indoors, all year round. Its HydroGreen’s Automated Vertical Pastures technology utilizes a unique process to sprout grains, such as barley and wheat, in a controlled environment with minimal use of land, labor, and water. HydroGreen’s fully automated indoor growing technology performs all growing functions including seeding, watering, lighting, harvesting, and re-seeding all with the push of a button to deliver nutritious fresh forage for livestock without the typical investment in fertilizer, chemicals, fuel, field equipment, and transportation.


TSXV:CUB - Post by User

Post by bandit69on Jan 10, 2022 3:41pm
243 Views
Post# 34301033

Happy New year

Happy New yearLet's celebrate with some Kool-Aid!! 

https://www.youtube.com/watch?v=bsh10nTE_v8

I didn't see anything in the video relate to revenues but I did see how much they were able to finance by diluting shareholders.  Yay!  Who knew growth didn't include revenues.  Oh well, it's satisfying to know staff got to spend time together with shareholder dollars.  Now go and look at the stock chart as of this writing January 10, 2022 to see who else is satisfied.

A re-post and revision/addition:

From what I can see on Sedar, April 23 was the BoomA 18 module sale.

Module sales:

April 23 - BoomA announcement
April 24 to May 24 - nada
May 24 to June 24 - nada
June 24 to July 24 - nada
July 24 to Aug 24 - nada
aug 24 to Aug 31 - nada
Sept 1 - Freshhub announcement

Sept 14  BNN interview - "we will be announcing several more of those in the not too distant future" .  - I guess we should define what "not too distant future" means.
Sept 2 to Oct 1 - nada 
Oct 1 to Nov 1 - nada
Nov 1 to Dec 1 - nada
Dec 1 to Dec 14 - nada
Dec 15 2021 to Jan 10 2022 - nada



This interview was ok:

https://www.youtube.com/watch?v=818VqQiYDaA

more comments to add to a growing list:

"by the end of the second 1/4 we are a very very different looking business". Ok.  I won't add this comment to my list until after the end of Q2 then but it has been noted.  Hopefully I don't have to add it.  I'm running out of paper.

"we won't need to go to the market for the foreseeable future" .  Ok.  While I am very! doubtful, I will give the benefit of the doubt.  And I was right the last 2 times so forgive me for being a skeptic.  how can a company have such a large (and growing!!) overhead, including a new executive assistant for the Chief Customer Officer on the way, but yet no announced sales of modules for over (another) 4 months?  The time before that also about 4.5 months.  Forget sales and revenues, how about actual cheque cashing?  there is a thing called a cash flow statement.  There is also something called a revenue statement.  Not just a balance sheet.

If insiders were buying at such a great deal of $1.25 at the last financing (was it to instill confidence because the financing was not long after the previous and at a lower price? hmmm, I wonder.), then, as Buffett would say, why wouldn't they be buying today when it's on sale?  Let's see if there are any new filings soon.

Maybe enough with articles about adopting Gen Z mentality (huh? are they the first generation with idealism and a cause? kid mentality should run the company?) who spend $20 and more articles about investors and shareholders that invest $20million to sustain salaries and overhead since the revenue and cash flow statements aren't.  And really, Musk, Bezos and Branson should call?  https://www.entrepreneur.com/article/387104  .  I wonder if they're too busy actually doing, no time for talk or writing articles.?

Am I wrong? as we used to say in my hockey years, look at the scoreboard.  The market is speaking.  Many companies are seeing record revenues, earnings etc even in this market.  Supply chains, Covid, labor, the Fed, market sell offs or whatever markets still set records last year for the number of new record highs hit even the TSX itself.  Seems interesting, then, that after watching this "growth" video that this one sits at year ago levels and dropping.  And they want to list in the US?  Do acquisitions (that scares me and I am not even a shareholder)?

What do you know bandit?  Well, not alot.  However, I have been on SH since 2000.  I've seen many companies and users come and go.  Have been  through numerous world events and markets turbulences.  I've seen many stories told, many pump and dumps, many bagholder events but I made it through and am still here.  Still alive and active in the markets.  I admit, though, what is happening here is new to me.  That's how I feel anyway and I think because they actually have something here.  I think the difference is that things said are just not equating to what it is.  Think the market doesn't see the same? again, look at the scoreboard.  This isn't politics where someone can repeat a message over and over and voters will believe it.  This is business.  Totally different animals.  

All knowing chartists and traders have gone silent on Twitter but if I was as smart as they are (I'm not) I would be investing in Kool-Aid.

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