CO2 GRO Inc V.GROW

Columbia Rose TAP Contract

[Freedomfo5]

Wondering when (..or if) they'll be able to close out the Columbia Rose TAP

From Nov. 8/23 press release:

 

The TAP is expected to conclude after Valentine's Day 2024 when CO2 GRO and the Rose Grower plan to finalize terms for a commercial deployment. The Rose Grower has 4 million square feet of rose greenhouses, all of which produce high-value roses for export.

If they're able to get this closed and signed... wondering what thoughts are on value?  Believe they're hunting to be in the $1.00 - $2.00 / sq ft range?  So $4 - $8 million potentially getting brought in?  That also seems to fit with the feedback they do give of roughly 1-2? 2-3 year payback timeline?

From same press release:
 

The TAP began in January 2023, and as of the end of October 2023, has yielded 38% more rose stems in the CO2 GRO beds versus the control group. This means potential additional production of over 125,000 more rose stems per hectare annually, which generates an additional $62,500 more revenue.

Which would leave them at just under 2 year payback for $1/sq ft.. just under 3.5 year payback for $2/sq ft

We are coming up to 5 weeks post-Valentines Day.  Would be fantastic for our Sales Team to make this sale and give us a small but meaningful shot in the leg

[riverrrow]

Good news won't arrive until I've sold my position in GROW.  Then it will be blast off time.  Thank you for reminding me there's still some hope left.  GLTA.

[spck11]

Thats exactly what I thought and what prevented me from selling. I dumped all my shares at an average of 0.08 and am happy to have done it, This management team is incompetent. It's sad, but it is what it is

[Freedomfo5]

From releases over the years the fact more recently it's been outlined that (something to the affect of...) we now have been able to optimize settings and parameters for the foliar spray application to actually see these large increases really did not sit well with me and their transparency. 2 sides to coin... one not good, they're still sorting out optimizing the tech and truly