I read the report and my opinion as well as my fri
Post# of 97
(Total Views: 805)
Posted On: 02/21/2017 10:25:41 PM
I read the report and my opinion as well as my friend who review it:
It seems like BVO is trying to get ready for the stock's volatility...it seems like they're predicting a major sell off ...just a guess, we wondered if the CND share price of $1 will be the astronomical increase for URBF.
Plus they have a 2 million dollar line of credit from Bank or Montreal at a 0.50% interest rate (that BVO didn't use yet). It seems that it's possible for them to handle what's going to happen.
One statement that I was very pleased with was the Foreign Currency Risk mentioned in the statement.
Just hard for us to believe URBF did the reverse stock split, APA, & etc... all for nothing.
Leo Benne signed off on the APA while Jacob/Jack Benne have shares in URBF...We feel Everything that happened wasn't for nothing.
Having that said...we don't know when it's going to happen. It's the timing that got us wondering...we thought it would happen shortly after the Grant Back License expired on December 31st, 2016. We thought it would take at least 30 days due to HCR act.
We have reached out to BVO on this and they are silence about it.
My last thought about a statement in the report that says, "Capital projects in progress include PPE in the course of construction not yet completed and ready for intended use."
What if they are waiting to complete the construction of the Cubic Farming System before they decided to go public and tap in the US market based on that fact alone?
It seems like BVO is trying to get ready for the stock's volatility...it seems like they're predicting a major sell off ...just a guess, we wondered if the CND share price of $1 will be the astronomical increase for URBF.
Plus they have a 2 million dollar line of credit from Bank or Montreal at a 0.50% interest rate (that BVO didn't use yet). It seems that it's possible for them to handle what's going to happen.
One statement that I was very pleased with was the Foreign Currency Risk mentioned in the statement.
Just hard for us to believe URBF did the reverse stock split, APA, & etc... all for nothing.
Leo Benne signed off on the APA while Jacob/Jack Benne have shares in URBF...We feel Everything that happened wasn't for nothing.
Having that said...we don't know when it's going to happen. It's the timing that got us wondering...we thought it would happen shortly after the Grant Back License expired on December 31st, 2016. We thought it would take at least 30 days due to HCR act.
We have reached out to BVO on this and they are silence about it.
My last thought about a statement in the report that says, "Capital projects in progress include PPE in the course of construction not yet completed and ready for intended use."
What if they are waiting to complete the construction of the Cubic Farming System before they decided to go public and tap in the US market based on that fact alone?
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