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Bullboard - Stock Discussion Forum Fiore Cannabis Ltd FIORF

Fiore Cannabis Ltd is engaged in the production and cultivation of medicinal and recreational cannabis. Also, the company is engaged in the business of hemp-seed oil and skin products. Its brands are Fiore, Purecloud9, Diamantelabs, Surfer, and The Weekender. The company's geographical segments are Canada and United States.

GREY:FIORF - Post Discussion

View:
Post by gerbal on Feb 04, 2019 11:20pm

LIHT

I have been following the news regarding this stock and these guy are going to launch like a rocket 
I think they will be sitting between $12 to $16 dollars a share sooner than we think.

Why would I say that

Las Vegas operation  phase one is complete the  2 -5000 sq foot building are operational and in  production working the callender back produce  should be ready for market  any day now read the upcomming news release. 

what does that mean ?? steady revenue every month in US dollars. Hard to beat that. This one move alone will start to build share holder confidence as the quartly earnings will now have solid revenue and and cash flow the Price to earnings will chage with the stock valuation and future cash flow from this one Las Vegas operation. 
This is only pase one of the 300,000 square feet they plan on building In Las Vegas.$$$$$ x 30% uplift US funds 

Now we move to Canada Celista Bay 

The first building appears 99% complete on the outsaide you can see that in there video online the pad is poured for the second building and looks like the land is in prep mode for other facilities.
This is my speculative thought.  The first building should be in production around the second to third quarter of this year with construction well under way on the secon facility.

The LIHT team should establish a monthly update via there web site or a Webinar confrence to bring all of us investors up to speed. I work full time so its hard to follow all the news everyday but I have been following this stock and it will not be hovering very long at the thirty cent range once these guys start producing in Canada or even publish projected cash flows it will take off

in November 2016 the stock was $1.73 
In November 2017 the stock was $.90
In November 2018 the stock was $ .30 

The stock is  under valued  it is definately worth while to do your home work on.
I think it is a great  bye at this cost if you conside how this company has changed direction under new managment  and is committed to completing the facilities. Not to mention the beauty line up and Washingtion operation.


Maybe I can get my Kids university paid for. 

over out.
Comment by Garnair on Feb 05, 2019 2:18am
Let’s hope sooner then later!  G
Comment by Slickster786 on Feb 05, 2019 3:57am
When it gets bought out and then a major making company will take there for now they need money to keep the lights on ...no money yet mabe 6 months or so that’s financial guy said at meeting ...  more news coming out shortly 
Comment by Slickster786 on Feb 05, 2019 4:03am
They will be doing p.p. No info yet . On price or goal... should be exciting ...pretty soon they should be positive cash flow ...they pushing really hard and company not yet for sale untill they hit their goal...
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