CGB (ASX) hemp is our future!

Originally posted by BigDaniel ↑

Billion dollar market cap is certainly a possibility if QBL execute their business plan & take advantage of the infancy in consumable hemp products to market .

Revenue is important for the long term success of the company however having the correct business model, partnerships & quality products are at the forefront first.

If the above are in place then revenue will look after itself soon enough.

To date since November 12th, 2017 it has been a run & shoot job for QBL/MCL management but on the surface they have made excellent headway.

Once the foundation is finished been poured, MCL will have time to revisit their business model & refine leading to maximum profitability & results for share holders.

This does not happen overnight as 'SorryNotOZ' has allude to.

Maybe this will be a billion dollar plus mc company, maybe it won't! Only the patient will find out.

More importantly than short term impact of impending announcement on the sp is actually its long term impact on the sp! Our recent announcements regarding Red Tractor & Burleigh Heads Cannabis had little to no impact on the sp however over time I believe those announcements will be telling on the sp.

GLTA!

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Reading your very good post has prompted me to think along the following: our management have IMO, done a great job in developing and executing an excellent business model for QBL/MCL. Is this finished, no - and I am really only talking about putting the business model in place, not then implementing it.

So we have, for me, an unfinished, but very well designed and implemented business plan. We as shareholders (myself included) have allowed ourselves to be distracted by talk of an IPO, reverse takeover, etc. Our management have been acting very strategically in their actions. At this stage would an IPO/reverse takeover help in completing our business plan?

After thought, I think not.

For me, I need to be patient, not just with this interminable wait for the announcement, but for the future. We have a long train trip in front of us. We are planning our route to our final destination. We have made a good start in planning our stops along the way, but have just to drop in our final stops.

Then, and only then, can the journey itself start!

All IMHO and GLTAH!