ECS 0.00% 1.7¢ ecs botanics holdings ltd

Ann: Trading Halt, page-64

  1. 1,899 Posts.
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    The one thing that stood out to me in Nan's response to that question is that they simply don't have enough money to do this plus all the other things they want to do at the same time. In other words, without these funds they wouldn't be able to organically pay for the other 9 PCEs + heating etc. as well as the other stuff. She didn't elaborate on the other stuff in her response to the question but it might have something to do with the vertical integration pieces she was talking about.

    I feel a lot better about things after the webinar, as Nan said the opportunity is right now and they can't grow enough with what they've got to meet the demand knocking on their door. It was also good to know that they make about $5.50 per gram selling B2B but this will go to $12-$15 per gram in B2C. More than doubles revenue!

    Also good to know they went down the path of trying to get an increase from NAB but they said no because of their bad exposure *cough* CAN *cough* in the sector.
 
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