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Bullboard - Stock Discussion Forum CubicFarm Systems Corp V.CUB

Alternate Symbol(s):  CUBXF | V.CUB.DB

CubicFarm Systems Corp. is a Canada-based local chain agricultural technology company. The Company is engaged in developing and deploying technology to feed a changing world. The Company’s proprietary ag-tech solutions enable growers to produce quality, predictable produce and fresh livestock feed with HydroGreen Nutrition Technology. The CubicFarms system includes patented technology for... see more

TSXV:CUB - Post Discussion

CubicFarm Systems Corp > Farm Sales
View:
Post by bandit69 on Apr 25, 2022 4:29pm

Farm Sales

April 23, 2021 BoomA farm
Sept 1, 2021 FreshHub farm
March 7, 2022 Manitoba farm

It is now April 25 2022.  3 farm sales in 12 months. The FreshHub now to be "substantially" installed by end of 2023.  There's still time in the year obviously but it's going fast nearing the end of April already so sales to backfill any installs currently being completed would be beneficial in my opinion.  I don't see notable revenues (or cheques in the bank) to sustain a high cash burn (ultimately cash is king recognized revenues aside) and I can't see a justified today's marketcap of about $178MM.
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