Ann: Asia Distribution Update, page-33

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nihilism

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10/09/19

07:41

Post #: 40363917
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Originally posted by BigDaniel: ↑

The potential has been with CGB for 2 years now however the actual path to making the company profitable is starting to present itself.

Let's say CGB do secure exclusive distribution deals for the full range of T12 products to Vietnam with EPCO, that's just one distributor in one country.

Worth noting though that EPCO are exploring opportunities to expand into Malaysia which would mean another entire country for CGB to supply.

If CGB are able to expand on Costco & penetrate further into Asia it will all add up very quickly.

Again the quarterly expectations should remain conservative for the next 12 months until the flow on effect of these deals start to impact the books.

Will CGB still be in this price range in 12 months though? I'm expecting the market cap to double very shortly based on the current deals, their capacity to expand & further developments around our partnership with BioHealth to start manufacturing medicinal marijuana products for CGB shortly.

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You're expecting the market cap to double on these deals and expansion? You realise that you're referring to a company (T12) that had $12 in the bank and was purchased for $700k by CGB less than 2 months ago (officially), adding 150million worth of MC to CGB?

How much do you currently attribute of T12 to CGB current market cap?

Like I understand optimism and positivity, but this seems like a very very long reach, towards what I would label a ramp.

CGB Price at posting: 4.3¢ Sentiment: None Disclosure: Not Held
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Ann: Asia Distribution Update, page-33

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