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Ann: Additional Information on Ground-breaking Research, page-54

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28four77

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31/07/19

20:24

Post #: 39796630
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Originally posted by tronbirk ↑

I have an occasional read of the MXC threads and have got to say the quality of content and research has dropped off significantly.

I sold out of my tiny investment after I saw Cannaglobal and MGC pat each other on the back regarding the UK distribution agreement. Did anyone else look up the financial accounts of the distributors? (Companies House UK).

It's going to take a minimum of three years (more likely 6-8) to get through three stages of clinical trials.
I doubt they'll be able to do this. Will sophisticated investors or the public keep it funded for so long?
Will the revenues of the company be enough to fund it along with all the other outgoings?

MGC needs to get Malta up and running on a shoestring and then pump out as much of that juicy sativa that they claim to have the right to (especially the highest strain of CBD hemp in the world - mentioned when they listed).

If I were a significant shareholder I'd be wanting progress reports on Malta.
Has anyone here asked?

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It all makes sense now.

MXC Price at posting: 5.2¢ Sentiment: Hold Disclosure: Held
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Ann: Additional Information on Ground-breaking Research, page-54

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Ann: Additional Information on Ground-breaking Research, page-54

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