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Bullboard - Stock Discussion Forum Goodbody Health Ltd GDBYF

Goodbody Health Ltd is a wellness company operating in both COVID testing in the United Kingdom and as a vertically integrated cannabinoid CBD company that operates in the United Kingdom and the European Union. It has interests in COVID testing clinics, CBD extraction, wholesale bulk isolate, and distillate sales, retail CBD and white label sales, cannabinoid laboratory testing, and medicinal... see more

GREY:GDBYF - Post Discussion

Goodbody Health Ltd > ISCFA show the $6 million order to California BioScience
View:
Post by Ompton1234Wello on Jan 12, 2020 12:59pm

ISCFA show the $6 million order to California BioScience

Stillcanna's PR states that it signed a binding contract to ship $6 million
a month from its Romanian facility and or its Polish facility. We all know
that the ORIGIN ROMANIAN FACILITY HAS NO LICENSE TO PRODUCE
ANY PRODUCT. So that leaves its POLISH FACILITY NEXSUS.
So let's do the math Stillcanna day it's $2 a gram that's $2k a kilogram x 3 = $6 million
Come on fess up how much have they shipped. If in fact they have shipped product why not tell the shareholders how much, what are they hiding?
l call Horse Staw BS. That's why this Pubic Company is trading at a low of 0.18 cents up from a low of 0.14 cents CAD. The market is telling us what this company is worth.
Comment by drmaddogs2 on Jan 13, 2020 5:20am
Just so people understand there is a difference in "binding' and "Definitive" Agreement they should use google to understand the the poster is making up his own definitions as to what was released to new and forward expectations. I guess he is re-writing history. https://stillcanna.com/stillcanna-signs-definitive-agreement-with-biosciences-enterprises-to-supply-c36-million-worth ...more  
Comment by Uknowit on Jan 14, 2020 8:04pm
Great post drmaddogs2. Too many people gloss over NRs once and then move on and miss the subtleties (though they're not all that subtle ...)   I suspect we'll see news on the Romanian facility very soon. I believe that is the catalyst that many have been waiting for to prove that Stil is making serious progress. In the meantime their Poland facility is running around 1000 kgs of ...more  
Comment by drmaddogs2 on Jan 15, 2020 4:25am
I've never understood that 'Honey' model of pricing, I surmise not being in retail is the reason. I would have thought Isolate would out price Honey.. maybe it is because Honey is more easily diluted? Anyway, the industry as a whole is still in expansion as to CBD commerce, could triple consumption once FDA in America and 'Foods' department in England get 'official guidance ...more  
Comment by Uknowit on Jan 15, 2020 3:18pm
I don't understand the honey pricing either as it takes more effort to produce isolate. That said, if Stil can find market niches that deliver a higher markup and return to the company I'm all for it. Seems like they're moving that way and will sign some large scale contracts (in addition to Dragonfly, Bioscience and Sequoya) but save a portion of production for more lucrative deals ...more  
Comment by drmaddogs2 on Jan 17, 2020 6:38am
Early on, the CEO informed us that the 49% owned Origin plant would provide the company revenues to stay profitable ongoing with their buildout plan for 3 plants.... being the Nexus plant is now running smoothly, the same financial situation should be in place as to 'burn rates' and buildout plans as it fills in the Origin commitments till Origin is online. Essentially... one can look to ...more  
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