Post by
domdom03 on Jan 25, 2018 6:19pm
drop in price
price dropped becouse exercise price of financing is $1.32. they are raising $80 million
+ 14.6 million they got from cmed because of cancelation. they will have $104.6 million in bank, they now have money to complete greenhouse near niagra, they have sales licence for selling there product. the sky is the limit, this downturn is short lived.
Comment by
Investlongerter on Jan 25, 2018 6:51pm
big deal 27 tons is a maximum of 24mil revenue.
Comment by
Igotgas on Jan 25, 2018 7:07pm
27 tonnes = 54,000 lbs. 54,000 * 1700/lb = $ 91,800,000 NOT 24 mil. Closer to 100 million revenue.
Comment by
Mavrock on Jan 25, 2018 7:15pm
this was my exact point with these bashers. They have zero credibility, zero knowledge. All that is going for them is that they are 100% miserable. So...ya...it is actually a big deal. Appreciate the breakdown with the estimated revenue.
Comment by
Dontpanic on Jan 25, 2018 11:51pm
It's Canada let's do the metric system to which they are calculating thief numbers. 27000 kilograms = 27,000,000 grams Cost to produce a gram approx. $1.55 Retail price per gram before taxes = $10.00 Net profit per gram $7.45 27,000,000 = $201,150,000 profit per year.
Comment by
Dontpanic on Jan 26, 2018 12:10am
On top of my previous post due to Branding Newstrike can charge a premium for their brand so likely I'm shy on profits. Also, to give you scale Cannimed has production capacity of 7,000 kilograms... As far as the dilution...16%. We are also not bad in that respect either. Just compare dilution with any Aurora shareholder and I think they will agree.
Comment by
Dontpanic on Jan 26, 2018 12:20am
FYI - I know I typed $7.45 and it should have been $8.45 for a $228,150,000 per year profit. But it's late, I'm tired and fxk it.