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Bullboard - Stock Discussion Forum 3 Sixty Risk Solutions Ltd SAYFF

3 Sixty Risk Solutions Ltd provides risk mitigation services to the public and private sectors. It offers services primarily in the risk management spectrum, from providing secure transport services nationally, to embedding security specialists within Canada. The company also is focused on physical security and transportation within the cannabis industry. It also provides corporate knowledge... see more

GREY:SAYFF - Post Discussion

3 Sixty Risk Solutions Ltd > SAFE's new purchase.... 16 new weed clients!
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Post by Diomio on Apr 07, 2019 5:22pm

SAFE's new purchase.... 16 new weed clients!

  • Strengthens position as a leader in cannabis secure transport throughout Canada
  • 3 Sixty is now one of the largest cash management security firms nationally, with increased cannabis secure storage capability allowing for greater diversification of revenue streams
  • Immediately increases operational capacity, revenues and sector share
  • Receives 16 new cannabis clients
  • Adds 150 additional secure transport employees which further allows for scalability of 3 Sixty’s operation


 
Comment by Stockfinder on Apr 08, 2019 8:12am
So the purchase of Inkas has the $15M first year and $20M second year earnings expectations. 3|Sixty has 2x the employee base pre existing, offers far more in terms of secure cannabis solutions (LP safes, Long term storage rooms, other industry protection) than Inkas. How do you feel the 2018 revenue is going to look coming out this month? Im going with a bet of somewhere in the range of $40M ...more  
Comment by Diomio on Apr 08, 2019 8:57am
I don't know what the revenues will be, but they will be GREEN for sure! Also, after speaking to the company last week I feel they have a few big contracts coming on the USA side. They are ready for the USA market and want to ramp up quickly by acquiring additional companies to expand their operations. They are concentrating mainly in Canada and USA for now. Very exciting times... 1$ by end of ...more  
Comment by thezoobadooba on Apr 08, 2019 10:22am
This post has been removed in accordance with Community Policy
Comment by Stockfinder on Apr 08, 2019 12:48pm
They already work with Tilray, they're much bigger than the market is giving credit for, for sure. Glad to be in early, these prices are a gift to anyone with a long-term vision. They just started trading in January, most people who trade won't touch it yet, this is an investment opportunity at these stages, once the market sees revenue and SP support, the volume will only continue from ...more  
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