This Secret Extraction Stock is Going To Explode – RICH TV LIVE – NOVEMBER 29, 2019 – Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF), a global commercial manufacturer of high quality cannabinoid-based ingredients, formulations and products, has released its financial results for its second fiscal quarter ended September 30, 2019.
Had some life i apologize coming live on your friday night but this news was just too big to pass up i had to come live so radiant technologies just reported radiant technologies in canada rti on the tsx and our ddtf on the tsx venture saury and our ddtf on the otcqx a global commercial manufacturer of high quality cannabinoid based ingredients formulations and
Products has released its financial results for its second fiscal quarter ended september 30 of 2019 the financial statements and management discussions and analysis are available under the company’s profile at cdr this report caught my attention and i got to give it up to the community fivefinger limited told me the results were huge i read through it and i
Was mind-boggled this is a company that literally has never really reported any revenue to speak of listen to what got my attention financial and operational operational highlights during fiscal q2 2020 after thorough validating it’s thoroughly validating its proprietary extraction technology and processes radiant is pleased to report revenues of canadian 1.2
Million in q2 2020 representing an increase of 696 percent over revenues for the comparative quarter in the previous fiscal year a seven hundred percent just under 700 percent increase in revenues over one year but listen to what i’m really interested in that’s nice but something nicer is coming this is what caught my attention radiance cannabis biomass inventory
Totaled twenty five million dollars as of september 30th 2019 they’ve got inventory ready as previously disclosed in a press release dated august 27 2009 teen timing of shipments and third-party testing and analysis limited the processing of purchased biomass during the quarter the company expects the majority of its current inventory will be processed and revenues
Recorded over the next two fiscal quarters so what that means the next two quarters are going to grow 10x that’s right the next two fiscal quarters are going to grow 10x 1,000% as supply chain backlogs including biomass pre-processing and third-party testing continues to improve please see the section of this press release titled guidance for the remainder of fiscal
Year 2024 the company’s expected revenue projections in the coming two fiscal quarters operational progress edmonton 1 and edmonton to scale up of edmonton one has exceeded expectations for both recovery and quality of extracts recovery of cannabinoids was shown to be consistently above 90% and as much as 99% wow that’s just crazy products have been shown high
Levels of quality and demonstrated extended shelf-life with nageotte with negligible cannabinoid degradation degradation over multiple months significant progress was made on the retrofit of edmonton to a dedicated hemp extraction line and an expected throughput capacity of 400 20,000 kgs a year with completion of construction on track for the end of calendar 2019
That’s right around the corner folks that’s where we’re at additional commissioning and validation work is expected to commence in early calendar 2020 after licensing is granted by health canada so there’s a lot of catalysts which i just mentioned to you that are coming now watch what they say next this is what got my attention this secret stock pic which right
Now is sitting at in canada 47 and a half cents and has been as high as $1 19 january of this year has been as low as 30 what 37 cents earn in the month when it hit the bottom november 18th it’s now starting to come up why people no words starting to get oh that these guys are about to blow check this out radium expects to achieve the following revenues for the
Remaining two quarters of its fiscal 2020 ending march 31st 2020 physical q3 2020 ending december 31st 2019 radiant expects to report revenues of between are you ready for this 10 million to 12 million that means their revenues are gonna jump up from 1.2 million to 10 million to 12 million a thousand percent jump over the next quarter and for fiscal q4 2020 ending
March 30th 2020 radiant expects to report revenues of between 12 million to 14 million canadian isat party that’s a thousand percent jump folks and of course we’ll bring it to you first cuz that’s just what we do we bring it to you first i got excited when fivefinger are you even here five formula minute fivefinger live is not even here i got excited when i saw the
Message from fivefinger and he said rich take a look at the radiant news they’re up six hundred and ninety six percent over the last year then i started to read the news on like wait a second their guidance for the next two quarters is dramatically bigger than what they’ve ever reported they’ve never reported even what they just reported 1.2 million let alone 12
Million or 10 million or 14 million which is what essentially they are saying they’re about to report i’m talking about radiant technologies radiant technologies just reported guys you guys need to see what they just reported radiant technologies just reported i just read it to you guys the guidance is based on extraction operations at the company’s edmonton one
Facility during its fiscal q3 2020 and fiscal q4 2020 periods only and does not account for the company’s entire canadian 25 million of cannabis inventory throughput capacity at this facility is expected to be 56,000 kgs per year of cannabis management commentary dennis tkachuk president and ceo of radiant commented throughout fiscal 2019 radiant achieved several
Key milestones which allow us to begin cannabis extraction operations out of edmonton one cannabis processing facility and subsequently to scale up our capacity at this location during the first two quarters of fiscal 2020 we have made significant progress on our extraction operations while also executing on strategic initiatives to create a focused and efficient
Company that can meet the demands of the world’s largest consumer packaged goods company as we move forward we plan to build on the success while continuing to expand our facilities on our capacity in both canada and germany must i remind you i brought you guys metaphor labs before they exploded i’ve been talking to you guys above allan’s grow works before they
Exploded i’ve been talking to guys about halo labs another extraction company and they’ve been exploding and now i’m bringing you guys radiant technologies which i fully expect to explode based on the fact that the revenues are gonna grow by a thousand percent sale and equipment financing agreement to secure additional working capital the company announced today
That he has signed a non-binding letter of intent and loi to enter into a sale-leaseback agreement and equipment financing with real canna investment trusts which will allow radiant access to additional capital totaling approximately 41 million so they’re getting more money this agreement will incorporate the land and building on which edmonton 1 2 & 3 have
Been built as well as the machinery and equipment located on within the land and buildings the agreement is subject to final due diligence by real canna and the completion of definitive documentation the anticipated closed date is early calendar q1 2020 take a look at this it just keeps coming partnership to develop cbd ingredients with the idi long corporation on
October 22nd 2019 the company entered into a memorandum of understanding to form a strategic joint arrangement with the idi long corporation to jointly create and market cbd flavored systems and product solutions for global food beverage alcoholic and non-alcoholic and pet food industries ed long has over 100 years of experience as a global manufacturer marketer and
Provider of technology driven natural flavor systems ingredients and integrated solutions for the food and beverage industry all these deals are getting just lined up i’m telling you guys they’re gonna blow successful proof-of-concept testing for large scale tobacco companies radiant technologies today it has recently undergone successful proof-of-concept testing
For several large-scale tobacco companies in order to prove the capabilities of its proprietary technology to remove nicotine from to battle an industrial scale while retaining desirable quantities of the tobacco such as taste and smell oh oh that could be a game-changer that could be gamechanger that could be a huge game-changer radiant isn’t fully owned by
Aurora but aurora does have a stake in radiant technologies and radiant technologies is working with aurora in edmonton at aurora sky yo its upper alberto ramos he says a little rich tv on a friday night before happy hour let’s get this party started yeah well you know the community is always bringing me news 24 hours a day seven days a week and they brought me this
News and radiant technologies and i said well you know what i gotta bring it to the people first cuz that’s just what i do and if this explodes on monday i gotta let the people know so that’s what i’m here a biannual update released on november 20 of 2019 by the us food and drug administration the fda on the state of its proposed policies in the near term did not
Include mention of immediate action to reduce nicotine content in tobacco products however the fda subsequently clarified that it’s previously disclosed plan to reduce nicotine content in nicotine reduction opportunities with tobacco companies unless the fda makes a definitive decision not to pursue its previously proposed nicotine reduction plans corporate update
Expansion into germany radiance germany facility will be commissioned in two phases the first phase a leased production facility that is being built to suit cannabis extraction is now underway phase one capacity and throughput will be equal to the design capacity of edmonton one at 200 kgs date processing either hemp or cannabis biomass the second phase will be
The expansion of capacity on a site adjacent of the facility noted in the aforementioned phase first phase scaling up to a throughput capacity of 280,000 kgs a year of cannabis and a 2.8 million kg a year of hemp that’s huge 2.8 million kgs a year hemp wow expanded throughput capacity in canada edmonton 3 radiance edmonton 3 facility currently under construction is
Expected to begin operations in the second half of calendar 2020 scaling up to its intended full capacity of 280,000 kgs a year of cannabis and 2.8 million kgs the year of hemp thereafter please refer to the company’s agm presentation located in the investor section of its website to view recent pictures of the progression of edmonton 3 shares for services fiscal
Q2 2020 during q2 2020 the company issued the following shares for services july radiant issued an aggregate of 6000 common shares to the third party consultant for services provided during the quarter ended june 30 2019 pursuant to this to the shares for services agreement previously approved by the tsx venture exchange the common shares were issued at the tsx
Venture exchange closing shares price on june 28th 2019 of 82 cents canadian august radiant issued an aggregate of 100 1570 common shares to a third party consultant for services provided during the month ended july 30 2019 pursuant to the shares for services agreement previously approved by the tsx venture exchange the common shares are issued at the tsx venture
Exchange fifteen-day v whap volume waylaid volume weighted average price share price of canadian 77 cents september radiant issued an aggregate of 111 thousand one hundred twenty-nine common shares to a third-party consultant for services provided during the month ended august 31st 2019 pursuant to the shares for services agreement previously approved by the tsx
Venture exchange the common shares were issued at the tsx venture exchange fifteen-day v webb share price of canadian 71 cents additional shares for this is not previously announced i mean this is just a little bit of shares of metal too worried about it but it’s good that people know radian issued an aggregate of 8,000 shares to a third party consultant for
Services provided under the quarter ended march 31st 2019 pursuant to the shares for services agreement previously approved by the tsx venture exchange the common shares were issued at the tsx venture exchange closing price april 30 2019 of $1.00 to shares for debt radiant also announced a proposed shares for debt transaction in which the company would issue
Two hundred and thirteen thousand three hundred and sixty four common shares at a price of forty six and a half per share to the arms-length third party creditor of the company connection with the settlement of an aggregate of seventy three thousand two hundred and six dollars of debt i think that’s actually good get rid of the debts of some shares why not the
Shares for debt transaction is conditional on tsx venture exchange approval all securities to be issued pursuant to the settlement will be subject to a four-month hold period about radiant rating technologies is a commercial manufacturer of high quality cannabinoid based formulations ingredients and products utilizing a proprietary continuous flow extraction and
Processing platform that recovers up to 99% of cannabinoids from the cannabis plant radiant develops specialty products and ingredients that contain a broad range of cannabinoid and terpene profiles while meeting the highest standards of quality and safety so i really like this news i love the fact that they are going to really bump up their revenues when i see a
Company whose revenues are 1.2 million and they’re saying that their revenues next quarter are gonna go to between 10 to 12 million they got my attention i think they need to be on everybody’s watch list they need to be on everybody’s radar and that’s why i had to come live thank you guys very much for your time i had to come live bring you guys this information
I’ll let you guys go back to enjoy your friday night i appreciate you guys i love you guys love and peace harmony have a great day radiant technologies is my secret stock pick they just announced our to you right here in this press release they just announced after market they want this to circulate i expect this to explode on monday they had an increase in here
Over year revenues of six hundred ninety six percent bringing their reported revenues to 1.2 million for the quarter q2 2020 they are anticipating are you ready for this next quarter which is ending in a month december 31st 2019 they’re expecting to report revenues between ten and twelve million they just reported their biggest revenues ever of 1.2 million and
They are giving a guidance saying that they are going to report in less than a month 10 to 12 million in revenues and they’re gonna follow that up with 12 to 14 million in revenues the following quarter that’s all i gotta say isn’t the new secret stock pick i think this bad boy can explode it’s an extraction play it’s radiant technologies guys radiant technologies
They’re working with aurora cannabis at aurora sky in edmonton and they’re an extraction play and i’m telling you they’re about to explode they’re about to have bigger revenues than they’ve ever had they’re about to 10x their revenues the biggest revenues they’ve ever had was 1.2 million which they just reported two hours ago they are saying in their guidance that
That number is going to grow by 10x by a thousand percent in the next month just saying keep your eye on it put on your radar put any watch this remember i’m not a financial adviser i’m not a licensed always do your due diligence always do your research before you invest in anything the symbol for radiant technologies inc in canada on the tsx venture exchange is
Rti the symbol in america under the otcqx exchange is our ddtf it’s your boy rich image to be live we’re bringing the winners who brings you first we like to bring you the winners before they explode and we like to bring you the news even on a friday night it’s true your boy rich murmurs to be live and i’m oh peace hey guys for watching winning you’re not watching
It’s true your boy rich and i’m oh have a great weekend have a great friday peace i have to bring to you guys sort of man just got to bring it i have to bring it first it’s true peace
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This Secret Extraction Stock is Going To Explode By RICH TV LIVEliveBroadcastDetails{isLiveNowfalsestartTimestamp2019-11-30T020019+0000endTimestamp2019-11-30T021959+0000}
