CO2 GRO Inc V.GROW

Sedar update!

[Skrit37]

Financials Goodluck folks

[BushWeedUp100]

This post has been removed in accordance with Community Policy

[spck11]

Based on the MD&A the Sale of 15 Units to the Missouri Greenhouses were on a financing plan that began in September. So does this mean that only 1 month's payments would show up in the Income Statement, or would all future payments also show up in in another line item in the statement. Can't remember all the accounting rules regarding realized revenue. If only one month of payments

[lscfa]

No explanations.....     Revenue Cost of revenue Gross margin   Q3 20 24,857 32,097 (7,240) (29.1%) Q2 20 34,179 16,926

[lscfa]

Total guess.....       Q3 Q2 Q1 Revenue 24,827 34,179 41,295 Future rev from leasing  110,000     Total revenue

[lscfa]

I'm going to guess the price per unit to the greenhouses is $10,000 US or $13,000 cdn.      so 15 greenhouses = $195,000 Cdn total price, $100,000 of which has been paid to date and $95,000 is to be financed over probably12 months.  Anyone know what the hell the recurring consumables expenses to Co2 are all about?  

[SpenceW15]

Appreciate the comments and insights into the otherwise cryptic accounting. I think Iscfa is pretty close to the mark. Note that 2/15 greenhouses were owned by Robert Allen. Youtube comments confirmed that he got a significant discount on the equipment do to his williness to advertise on the youtube channel. See ---> https://www.youtube.com/watch?v=sf3A0Ggu1dg&t=28s <--- As for

[NSPfacts]

This post has been removed in accordance with Community Policy

[spck11]

No idea what the cost per greenhouse is, but your estimates for how much have already been paid is off by a large margin. Each of the commercial demonstrations has a small bit of revenue attached to it. There were a bunch of trials started in Q1 and Q2, which is why we see more revenues in those Qs compared to Q3. Q3 had a couple feasability studies start, as well as 1 month of financing payments

[lscfa]

Q1 is the only qtr when inventory was reduced. How the hell can there be ongoing engagements of commercial trials if no damn equipment is shipped out?     

[NSPfacts]

This post has been removed in accordance with Community Policy

[jboom70]

They recycle equipment from ended trials.

[NSPfacts]

This post has been removed in accordance with Community Policy