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Bullboard - Stock Discussion Forum Bedrocan Cannabis Corp. V.BED

TSXV:BED - Post Discussion

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Post by clm128 on Aug 27, 2014 3:06pm

Revenues!

https://www.midasletter.com/wp-content/uploads/2014/08/Marc_Wayne_140820_podcast.mp3

Interview with BED CEO Marc Wayne

Between the 7-8 min mark they start talking about importing/exporting mmj, and state that they are selling imported mmj since feb 21!
so we already have revenues. the buisness plan is to import 300kg this year and the cost is 4.50 per gram, with a sell price of 7.50.
Comment by Bartkowsky on Aug 27, 2014 6:04pm
Great pod cast (also in print at Midasletter.com) and timely too. Very confident this baby will fly soon, all aspects of the company (and especially the parent company) are top-drawer, not a blemish anywhere. So the “bafflement” remains. Perhaps uninformed investors see a MM company that is licensed to produce MM, but are skittish because it has no production facilities to produce that MM. Of ...more  
Comment by clm128 on Aug 27, 2014 7:01pm
What do you mean importations aspect?  even after their importation costs theres still a 3$ profit per gram times 300,000g which are their projected sales you have a pre tax profit of 900,000. top that with the fact that they dont need any additional financing and i think were gonna see some big growth here within the next few months. bashers here have been pushing hard that there will be no ...more  
Comment by clm128 on Aug 27, 2014 7:07pm
does anyone know the projected revenues for tweed?
Comment by Bartkowsky on Aug 27, 2014 8:03pm
Ok, let me rephrase the question and keep in mind I am Mr. Baffled. There is absolutely no reason why BED should not be approaching the market cap of Tweed (see dismal Q2 results) and OGI. Possible explanations?
Comment by cdnphan on Aug 27, 2014 8:58pm
People are tired, and they tend to miss a good thing when they see it.
Comment by clm128 on Aug 27, 2014 11:47pm
my guess is because of the fear that was spread about no revenues until q2, and the costs of getting the facilty built, that said tweeds market cap would put us at a price of 1.50 and ogi i believe 1.65 (i did the math this morning im to tired to do it again right now)  i think as people start to realize this sleeping giant we will see it get up there. tommorow should be intresting some big ...more  
Comment by Clobro on Aug 28, 2014 8:37am
  It was looking decent during premarket early this morning (We all know premarket means nothing)... But now it looks like i may do just what you said.. spike and drop.. rinse and repeat day in day out.. sheesh when will this pop..  
Comment by clm128 on Aug 28, 2014 8:54am
hopefully soon, theres a 30,000 bid sitting at 1.15 even though the ask is 1.17, bizare. like i said im in since 1.25 so prehaps its time to keep my base shares aside and make some money back off the volatility while averaging down :S
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