RE: Ramp ramp ramp30 Sep 2019 12:38
Thanks for all the replies guys. This is what I expected and obviously shows AGAIN what a bunch of TROLLS you are. It is useful I think for some who have perhaps not been here that long to see your true colours.
JJ is winners of 'Troll of the day' today with his glorious factual innacuracy relating to promises of seed sales already. Well done JJ.
The company has stressed, right from the announcement regarding a seed sales focus from the indoor facility, that seed sales take place in the late winter (Jan-March) as prospective growers buy their stock for the coming planting season. So revenues will not be fully apparent until late Q1 2010.
I have asked our new CEO to be as fully transparent as he can in regards the seed production rates, the quality control process and the sales process. I do not know how much he can say about that at this stage.
The first seeds may have been harvested at this point, or they may not. I had in the past based some of my calculations that you all enjoyed so much, on 5-6 million seeds rather than OSG's mental 15 million. Not all plants in the indoor facility will be female, not all seeds will make the grade and a full years product will not be available by Q1 2020.
I would be happy, very happy, with 5 million sold. It may be 4, it may only be 3. But several million dollars will be inbound in Q1 2020 ON TOP OF, sales of product revenue, outdoor harvest revenue and cash from the sale of the existing assets.
Imagine the seed sales in early 2021 if the market grows as predicted. Imagine the outdoor revenue from up to 100 acres, circa 200,000 plants at 30g per plant....That's 6 million grams of CBD isolate....$5 per gram..... who knows.
No placing will be happening here folks. Sorry for that but you'll just have to suck it up. BH