Post by
optex1972 on Jun 29, 2019 3:41am
MD & A dates and timelines.
For those confused as to the financials read the MD&A to understand timeline captured. Majority and I mean 95%+ of the streams are coming into every forward fin release.
The 15mill payback is on the tenants. 6.2 mill cash and 24 mill assets near equate existing market cap alone. They’re not in debt, all
deals and revenues will show and multiply here on out. Anyone who has followed the company and reads the simple timelines understands this fin close date is feb 28th. Pre crops planted pre takeoff agreements, pre tenant selling of their products.
Enjoy your weekends and ignore noobs who do not understand how to read sedar documents as obviously many do not.
Comment by
JesseB on Jun 29, 2019 9:59am
I appreciate the response, but you can dial back the condescension. I am relatively new to investing, especially with cannabis companies with no revenues, where I have primarily invested in railroad, banks, and technology stocks. It seemed from the general sediment here in this forum that some revenue was expected.
Comment by
Sociopathkiller on Jun 29, 2019 5:28pm
Rider you realize that cash is gone right? They used it on the other purchases recently.. that is their cash based on feb 28
Comment by
RidernationBra on Jun 29, 2019 5:33pm
They used some, not all, and they funded (I forget how much) another round debenture. Plus the $2m from world isn’t included. they haven’t been spending like a tire fire either these last few months. Seeding, gaining inventory. Expenses yes, but with OK and the World shares, they accumulated assets. in short, the money will be put to operational growth. Do you agree?
Comment by
Sociopathkiller on Jun 29, 2019 7:39pm
I agree. However I see world farms as another penny stock company that has not proved itself.. so value it however you want. I understand the ceo is a big name, but in these markets move their own way. I expect world to see lows just like crop has
Comment by
optex1972 on Jun 29, 2019 9:59pm
A douche? Lol i was trying to explain it all softest I could? Holy F some sensitive people!!
Comment by
GRENADE22 on Jun 29, 2019 11:26pm
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