Here’s what interesting. MCOA’s stake in CBGL is worth $1.3 million but CBGL’s stake in MCOA is worth $5.2 million. There are only 40million CBGL shares outstanding, so each share of CBGL gets a $0.13 kicker in added value for the MCOA shares. On top of that is that stake announced in the marijuana lab called Naturals Plants, which is worth $1.7 equal to an additional $.06 per shares. So that’s an additional $.19 per shares added value for CBGL. Yet the shares are at $0.20. Bottom line is both companies are really attractive here.
Read More: https://investorshangout.com/post/view?id=598...z6g42ptavq
$CBGL A $5 million total value market cap that owns $7.5 million dollars of MCOA and $1.7 million in a marijuana testing and manufacturing business and has a bunch of patents on marijuana technologies. Yet the shares trade at $.18. There is more than $.32 in marijuana assets. Value is somewhere north of $.32. Just read the filing to read the facts.
Doing the math on the CBGL / MCOA deal.
If you read the recent SEC filings CBGL owns 650 million shares of MCOA and MCOA owns 7.2 million shares of CBGL.
Read More: https://investorshangout.com/post/view?id=598...z6g42ptavq
$CBGL A $5 million total value market cap that owns $7.5 million dollars of MCOA and $1.7 million in a marijuana testing and manufacturing business and has a bunch of patents on marijuana technologies. Yet the shares trade at $.18. There is more than $.32 in marijuana assets. Value is somewhere north of $.32. Just read the filing to read the facts.
Doing the math on the CBGL / MCOA deal.
If you read the recent SEC filings CBGL owns 650 million shares of MCOA and MCOA owns 7.2 million shares of CBGL.
