Quadron Cannatech Corporation’s shareholders have enjoyed a three month ROI well over 100%. Is the ride over or has it yet to begin?
According to QCC’s website:
Quadron Cannatech Corporation is a Vancouver based automated extraction and processing solutions company. Through its subsidiaries Soma Labs Scientific, Greenmantle and Cybernetic Control Systems, Quadron provides
ancillary equipment, products and services, designed & structured to address the complex needs and requirements of
authorized cannabis industry participants in North America.
In our August/September edition, we introduced our proven successful strategy to consider companies with a low market cap to revenue ratio. A final summary of all of the companies in that strategy appears in this month’s “From the Retail Investor’s Perspective” article. QCC was included in that strategy’s short list of sample companies. The share price at that time was $0.21 with a daily trading volume of around 10,500 shares. Three months in this industry may as well be years of change as we have learned to accept.
On December 8, the share price reached $0.55 on 2.5 million volume. Since that date, the share price has retracted and closed on December 22 at $0.44 on 1.12 million volume. QCC’s motto is one I think our readers would be familiar with and that is “turning green to gold”.
QCC has four primary business lines:
(1) Equipment: Extraction, Processing, and Refinement. QCC specializes in design and manufacturing extraction, processing and production equipment for lease/sale.
(2 )Ancillary Products: Hardware, Supplies, and Packaging.
(3) Research and Development: Creating new and improved bio-refining methodologies/ processes, product development & packaging.
(4)Scientific Services: Laboratory analytics, organic compound extractions, distil-lation, purification and formulation development.
Those four primary business lines are complimentary yet also diversified. Please review their recent highlights as they also have contracts with companies that are unrelated to the hemp and marijuana industry.
These four segments are carried out through Soma Labs, Greenmantle Products, and Cybernetic Control Systems Inc.
A full review of what each of the three divisions detailed service offerings can be found on QCC’s website. A quick summary however follows:
Soma Labs
Soma Labs combines cannabis industry expertise with experience in CO2 system engineering and application, manufacturing, automation technology and chemistry.
Quadron Cannatech Corporation’s
CSE:QCC OTC:QUDCF
As of December 22, 2017
Shares Outstanding: 55,172,500 (thecse.com)
Share Price: $0.435 Market Cap: $24,000,038
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