Time to gain some momentum!, page-40

Lets all agree to disagree. We all know the SP performance of mxc is very disappointing at this stage, management is questionable, little revenue coming in (probably more than most MM companies on the ASX), however the fundamentals and business model for this company seem sound. Remember probably all MM companies listed on the ASX, their SP have been driven by pure hype and as far as I am aware none of them even have produced a cent.

MXC are vertically integrated, meaning the company's supply chain is owned by that company,
the company has expanded its business operations into the different steps, cultivation and harvesting to the extraction of CBD oil, to research and development, clinical trial's and also producing their own products.


Not all MM companies produce CBD oil and the demand of CBD oil globally is expanding as medical research proves it's worth and valuable properties for a range of diseases and disorders. It is a complex process to produce CBD oil especially medical grade quality, finding the right consistency and API and mxc seem to have expertise in this field from Israel which is the leading country in MM. The price of CBD oil and depending on the purity, is very high, i have read 1kg of CBD oil can go for around AU$55,000 – $280,000.

The SP has been reflective of the lack of positive announcements, however the future seems bright, although there wasn't much movement on the latest announcements. Waiting on the MGP (Good Manufacturing Practice) certificate to be issued in the coming months, things should change positively. Rules to adhere and to comply to this are very stringent. This will allow MXC to commercially produce CBD oil as well the ability to export CBD oil. This should be happening this current quarter. MXC are also close to harvesting there 1000m2 of Cannibis in their Panax growing green house facility. So in the next months MXC will have harvest their crop, been issued a MGP certificate, commence CBD extractions and commercially producing CBD oil that will bring in the revenue. Next quarter is looking much more promising for this company.

For those who got in at 9c+, a saying from Red Leaf Securities.
' The key to making money in stocks is not to get scared out of them'
and
'No one ever made a dime by panicking'