CO2 GRO Inc V.GROW

New Press Release - CO2 GRO Receives ~$500,000 CAD Sales Order from a Major Canadian Vegetable Greenhouse Grower

TORONTO, ON / ACCESSWIRE / May 24, 2023 / CO2 GRO Inc. (TSXV:GROW)(OTCQB:BLONF, Forum), a leader in innovative CO2 Delivery Solutions™ for the global protected agricultural sector, announces a meaningful sales order. In response to many growers' cost of borrowing doubling, CO2 GRO now provides a...read article.

[spck11]

Holy shiiieeet a 500k sale?? And no reaction or buying (other than me just now)?? Wtf is going on 

[Seanymack]

I know right!??!. Not sure what it will take for this thing to move

[spck11]

I sold all my shares in the teens to 0.12 but bought 50k today. I would rather buy another 50k at 0.16 once some more people start buying than doing the full 100k today. I think that no one pays attention to the stock anymore so very few people are aware of the news. I imagine some action will come tomorrow or Friday, but who knows.

[lscfa]

The $500,000 sale spreads revenues over years but it's a start. More sales needed. "The Company's payment terms range from 30 days to 10 years from the transfer of control."

[spck11]

A single sale thats 5% of their market cap. NVDA for example trades at 32x revenue now after their earnings report and AH reaction. GROW is trading at 20x that ONE SALE. Just need to wait for people to digest the sale and the tech and get the ball rolling. Longer payment terms will get a lot more reaction. Once GROW starts making more sales they dont have to use these desperation tactics to

[Longholder99]

Recurring revs was one of my concerns for this company. This could work out nicely.  Wonder if the pay as you go sale price is higher than the cash out the door price.  Like car sales.  The 0% financing rate always comes with a higher sticker price.  

[riverrrow]

I hope eventually their technology will be a must have for all greenhouse growers just to be able to stay competitive with one another.

[Longholder99]

I think it will eventually be an industry standard.  This large contract will help.  A few more big contracts and continued promotion showing hard numbers on profit margin increases, will help.  

[cashmein]

In fact, great news and a very nice sale. Sure cheer`s me up. was slowly dying. Back to life again. Don`t mind recurring revenues. Anything to speed up sales is good with me. I think it`s a grest move. The agri sector now is so expensive. The growers are hit hard with high prices of all materials. This way they can increase productivity with c02Grow and with reasonnable fees. I agree with the lack