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As for Quaadron’s gold of its own, it recently closed a $5,000,000 financing back in January. The proceeds of which will be utilized to increase the rate of production of its extraction
equipment. This may not seem like much, however as of their latest
interim financials the company had roughly $3.7 million in assets – and only $700k in liabilities. With only 68.2 million shares outstanding, and 86.5 million fully diluted, there’s plenty of liquidity available while still enabling the company to raise funds down the road if required.
Even better yet, is the fact that Quadron Cannatech is making money to the tune of roughly $1.9 million in revenues in FY 2017. For the current six month period, the company is sitting at $951,960 in revenues for 2018. This doesn’t include the recent sale of three of their BOSS CO2 systems at the tail
end of December, which will undoubtedly bolster their numbers for the next reporting period.
Similar to the days of the gold rush, being the provider of the metaphorical pickaxe has left Quadron Cannatech relatively in the shadows of the market. However, through the use of its first class extraction system and its automation controls, it’s set to provide high level efficiencies to its clients. And through its ancillary products sold through Greenmantle, it enables these clients to place a high emphasis on building their brand. With the rising demand for efficient production and brand awareness, Quadron has uniquely positioned itself for future success.
Always remember, it’s not the miner that strikes it rich – it’s the one supplying the shovel. And as always, Dive Deep.