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Bullboard - Stock Discussion Forum Ravenquest Biomed Inc RVVQF

Ravenquest BioMed Inc is a Canada-based diversified cannabis company with divisions focused upon cannabis production, management services and consulting and specialized research and development. It provides integrated solutions to companies in the cannabis industry and provides growing and drying technologies, patient and genetic management systems, and security management solutions The company... see more

GREY:RVVQF - Post Discussion

Ravenquest Biomed Inc > Potential Run Rate
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Post by ourrug on Sep 03, 2019 12:39pm

Potential Run Rate

The News release was Short on specifics. However...A potential run rate of 28500 grams (RavenQuest's cut) for sale in 2020. Let's say at an average price of $7 (Conservative) per gram = $200M, at a cost of $1.25 per gram = Approx $160 mil profit.
 
 
Comment by Baconator on Sep 03, 2019 12:50pm
https://youtu.be/EpmR--HU7eY check around the 42 min mark, he outlines the product projections quite specifically and he has been pretty bang on his numbers so far. (Except maybe this 3rd quarter revenue)
Comment by crash01997 on Sep 03, 2019 12:57pm
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Comment by cornwallis on Sep 03, 2019 1:35pm
It sounds like you're referring to this interview from the end of July, where the transcript has Mr. Robinson saying
Comment by crash01997 on Sep 03, 2019 1:51pm
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Comment by crash01997 on Sep 03, 2019 3:24pm
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Comment by ashleigh64 on Sep 03, 2019 3:49pm
why is it so low of there's so much going for it? - ashleigh
Comment by crash01997 on Sep 03, 2019 4:05pm
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Comment by hawkeye77 on Sep 03, 2019 4:38pm
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Comment by HowdyBob on Sep 04, 2019 9:49am
I agree. Luckily we have hired a firm to get the word out. RQB has paid out $390,000 in shares with the last $120,000 payment coming Sept 15th unless they continue it?? The 1st payment of shares becoming tradable Oct 28th. Sucks the additional short attack started around the same time. It seems like it was Shorters buying that drove us up to 50 cents a few weeks ago. They are in charge moving it ...more  
Comment by TheTruCanadian on Sep 04, 2019 11:02am
You are so all over the place... can you please explain everything you just said? just put one line sentences all in a paragraph when each one could be further explained. Dates and timelines all over the place. I can't tell if you're talking about last October, this October, last September, this September.  You seem frazzled. You contradict yourself with luckily we hired... to why ...more  
Comment by cornwallis on Sep 04, 2019 12:54pm
Section 2.2 of this Form 9 and the "RavenQuest further announces ..." part of this press release might help clarify the dates that HowdyBob mentioned.
Comment by HowdyBob on Sep 04, 2019 2:21pm
yeah pretty significant stuff. With a higher market cap and liquidity it should start to payoff.