Post by
Calgary1111 on Feb 03, 2021 9:34pm
US facility
Does anyone know what's going on with our US growing facility? Last I heard we were trying to sell it. Is it there empty? Is someone renting it and paying us? If it is rented is it turning a profit? Is it empty and now that we have cash flow will we grow product in it ourselves? Until we know what's going on with that asset I suspect a Lot of value to this small cap company is still being left on the table.
Comment by
Makingn0thing on Feb 04, 2021 6:31pm
Yes true. I almost forgot about that one. This is the kind of question the management could easily answer. You should bring it up to Earl.
Comment by
Calgary1111 on Feb 04, 2021 9:05pm
he never answers any questions, everything u ask him he ignores and says "its material information". I wouldn't mind it if they hired a PR guy now. Someone who answers questions and is a cheerleader for the company/stock. A bit more friendly. That's just my opinion as a shareholder.
Comment by
Makingn0thing on Feb 05, 2021 1:01am
On the positive side, they are bringing in some revenues now. Do you know when is the next q report?
Comment by
eaoliver on Feb 05, 2021 1:46pm
Although I am not under NDA (my NDA expired April 30, 2017), I do consider the status of the US operation to be material information. You should ask Mark Lotz about it. The company is still not paying me, so it would be nice if I got paid before hiring a PR person.
Comment by
Makingn0thing on Feb 05, 2021 3:30pm
Thanks Dr Oliver. Nice brand by the way. Valuation is low. Time to add I would say. After a few Qs, stock price should go up. It should already be slightly higher I believe with the progress they made in the last year. I will not be surprised if this stock is around 20 cents after a few more quarters. Maybe higher depending on a few variables. Can only go up from here.
Comment by
Marc622 on Feb 10, 2021 4:20pm
Haha. Are you being sarcastic here?? They have been kicked out of that place years ago for not paying the rent.... At March 31, 2019, the Company determined that the Bellingham property, including the leasehold improvements and equipment, was impaired as the Company was in default of the payments on the property lease and, subsequent to year end, lost the right to access the property (Note 17).
Comment by
Calgary1111 on Feb 10, 2021 11:43pm
oh I thought we owned it. My mistake
Comment by
Makingn0thing on Feb 11, 2021 3:45pm
I thought that too. I thought that Vodis was the owner and another company was renting the place. I guess I was in the wrong as well.
Comment by
Calgary1111 on Feb 11, 2021 9:02pm
Well now we know, lets hope they give some forward guidance as to what investors can expect when our financials are out and perhaps a timeline as to how long this expansion will take.