Post by
ManUnited on Aug 06, 2019 11:01am
Only 7.500 per year??
Todays NR: "Total production of Phase I, Phase II and Phase III is expected to be approximately 7,500 kg per year".
Has not been promised for 2 years that the total production after completion of Phase 3 would be approximately 20,000 kg? Or did I get something completely wrong?
Comment by
fmab011 on Aug 06, 2019 11:14am
That's exactly what I thought. I'm baffled right now. Unless someone wrote this NR wrong, this is not what I wanted to hear. I expected transparency when Dixon was hired! If I've missed something here please clarify quickly.
Comment by
ManUnited on Aug 06, 2019 11:24am
Perhaps this is because the last investor deck mentioned the annual production of ALL the Invcitus facilities. The NR refers exclusively to the plant Acreage Farms at Edson. That would make sense, since one usually calculates with 1,000 kg per 10,000 square feet. If you add now the earnings of AB Ventures and Cannandia, the original calculation could be correct.
Comment by
Medinecheck on Aug 06, 2019 12:07pm
Former management practised HYPE with the tons, guess they sold nicely theire shares last year... No wonder our stock is so down... Stock market quotes the future !
Comment by
Yowza123 on Aug 07, 2019 4:25pm
When product starts shipping to Germany under the 2,000 Kg/yr for 5 yrs deal, you likely won't be as concerned the company will be sold. Trevor knows this company is worth a lot more or he wouldn't have put in his own money at this time. Where are you getting information that shows banks won't lend them money?
Comment by
MESSAGEmadeHERE on Aug 09, 2019 9:21am
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