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Froggy $

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18/02/19

20:54

Post #: 37476691
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Originally posted by amb005 ↑

I was just looking at EXL's quarterly report, the level of professionalism they have is what AC8 is needing, we are a company with the cash, already have the licenses but no progress or action plan being told to the shareholders.

Look at this excerpt from EXLs latest quarterly

"Elixinol Australia’s licence submissions for the cultivation and manufacturing of medicinal cannabis continue to be under review by the Office of Drug Control (ODC).

Although the Company remains optimistic that it will receive both cultivation and manufacturing licences, it is nevertheless disappointing that the ODC is unable to provide any timing on the granting of both licences. The Development Application (DA) for the Company’s integrated cultivation and manufacture facility is under review by the Byron Shire Municipal Council.

The comprehensive operational plan for the facility is completed and a project manager has been appointed to oversee the construction of the facility. Upon receipt of the cultivation and manufacturing licences, focus will be on the construction of the Company’s state of the art facility."

EXL dont even have the licenses like AC8 and seem to be more ready than AC8, AC8 has great opps here to be the big player in Australia but we need to get some professionalism and action plans in place and communicated to the market.

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Good post, thanks!
Not just ac8 need this...

AC8 Price at posting: 46.5¢ Sentiment: Hold Disclosure: Held
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where to next?, page-803

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