Didnt like her initially when offered at ipo levels for the simple reason that the asset didnt have the strong sales drive that I felt was required behind her to drive me into buying at the time but i absolutely loved and believed in the tech of the assset and the design. The design is flawless. Now like any business that wants to succeed as much as it wants to breathe, one must develop and grow continuously whilst meeting the demands of the Industries wants and needs. In this case my personal opinion from a business perspective would be that we wouldn't be far off to assume that RGI has some drawings that can potentially lead to molds that in turn lead to manufacturing pipelines of a possible larger scale industrial sized unit that will Cater to an even larger audience and in my opinion will drive the price quite nicely. Now we have to take into account like any new industry this is just the beginning, sort of fells like ground zero of what we can call something very special and if one were to look at Canada as an example of the industry's growth, Australia is so so far behind and there is just so much more room to move especially with specialised growing units supporting the growth and yield of each crop as well as taking into account sizing affordability and commercial rental pricing and so forth just like these units do with their stackable design. With units being quite versatile in that they can be used for growing almost anything its only a matter of time that they become a wonderful addition for second and third world countries alike that simply don't have the quality of soil, unfortunate pollutants and many more nasties to produce simple clean healthy whole foods and of course cannabis. But don't let your imagination stop there. "I'm interested to hear what you guys have to say".. now in all honesty I was offered rotogro at ipo but after further research decided to opt out as was not impressed with management considering the small scale of sales to date pre IPO as mentioned above. Now given recent events things have changed dramatically and in my opinion, considering the outstanding tech design, usability and yeild per unit plus size/ stackable design with rotation shows great potential going forward and as such i saw opportunity when looking at entire mm indust. and decided to make a play at the 33c mark last week on the basis that i believed this was one of the marijuana player that was not overly priced and all it was needing was a little time to catch up and management / sales of product to increase and truly believed it was only a matter of time untill this moved. Granted I did pick my timing wisely as I got in prior to the last announcement of sales to euro ag. Lets take a moment in the shoes of management... One doesn't go into business not to get business,
one Activity seeks out business to grow business . Based on these grounds i saw decent opportunity when comparing to those in the same sector. Decent resistence at the .40c mark but did break to 38c. but held its own towards close proving belief in roto moving forward. From my research, mgmt is truly upping there game with future large scale sales in the mix and as I said earlier imo i can see the company possibly coming out with a new larger designed unit for even larger yields in the coming times as I believe this is something that the industry needs and will heavily benefit from and of course all holders of rgi as well. I can see this moving upwards of the 1.50 - 1.75 by years end. Good luck to all and may we all prosper with an abundance of fruits. This is a truly healthy and sexy stock in my opinion. One should do what one wants all the above is my personal views. But do yourself a favour and start learning to step outside of emotion, and trade with a pure mind. Good luck and health to all.
If you were to call me anything one would prefer the coin.... The Monk Trader
