Hi EmiloWhat has the company responded via email or twitter...

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Teddyward

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04/01/19

00:37

Post #: 37019524
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Originally posted by Emil.Ozer: ↑

Well I hope so. From what they have been telling us for the last 6- 7 months they are very close to selling both algae and CBD oil. 100 tonne capacity of algae, $130k/tonne, is equal to 13 million dollars. 50 kg of CBD every month equates to 600kg for 2019. $30k/kg (less than average price for CBD) is equal to 18 million dollars. Based on these two figures the company has put forward, this is $31 million dollars worth of sales with less than $10 million of expenses. This leaves us with $21 million dollars net profit. Multiply $21 million dollars 15 times gives us $315 million dollars market capatilisation. Divide this to 1 billion shares that gives us approximately 32 cents per share. Now the only question is; Is this achievable??

Some of the events that occured in 2018 is beyond the companies control. For instance, the Uraguai government, the Australian gov about the licence cannot be controlled which has delayed a lot of things.

Finally, for the December quater of 2018: they had $200k at the beginning of the quater and $550k to come as tax credit from the gov, which as a total is $750k. But for the quater the company needed $2.2 million to pay the expenses. If anybody out there knows if they raised money or borrowed money which has not been announced to the market please let us know otherways it must be assumed this shortage has occured due to sales.

Emilo

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Hi Emilo

What has the company responded via email or twitter etc? I'm interested in what they are now saying?

Don't forget they also have the CO2 sequestration in india with algae as well? Just where are they up to ?

How much have they actually manufactured and sold?

AEB Price at posting: 1.3¢ Sentiment: None Disclosure: Not Held
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Hi EmiloWhat has the company responded via email or twitter...

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