Wednesday, January 14, 2015 2:40:49 PM
One of the biggest streams of revenue will be from the contract they signed last month...Here is an idea of revenue that will be coming in starting this first quarter of 2015:
Strong99 Member Level Tuesday, 01/13/15 08:40:54 PM
Re: Strong99 post# 16396
Post # of 17431
$$Revenue$$ Calculation from First Lease Agreement:
FWDG's Subsidiary FutureLand Properties signed its first lease agreement for 37 acres of their 237 acre property in Colorado. Its a 5 year lease with a 3 year extension.
The master lease agreement is a three prong agreement consisting of:
1- Land lease agreement by FutureLand Properties,
2- Greenhouse development and operational technology agreement by HempTech Corp.
3- Testing and Lab equipment technology agreement by CB Scientific Inc.
http://www.weedtv.com/futureland-properties-goes-to-contract-with-colorado-flower-company/
8K filed detailing the lease agreement for 37 acres:
Base Rent is calculated at the rate of $10,000 per acre per month both for the reservation of land accommodating future expansion and/or occupancy associated with current use by Tenant within the 37 acres of Leased Premises. Such sum shall be annualized but payable in equal monthly installments. In addition to the payment of Base Rent, Tenant shall pay to Landlord, $205,000 per month (payable in equal monthly installments to accompany Tenant’s payment of Base Rent) for Tenant’s use of the greenhouse, processing equipment, Spider Security Technology, SmartSense, SmartNergy™, CaNNaLyTiX™, and growing/laboratory equipment (hereinafter referred to as the “Equipment Fee”) located on the Property provided by HempTech Corp and CB Scientific. HempTech Corp., a FutureWorld Corp. subsidiary, will supply Spider Security Technology, SmartSense, SmartNergy and CaNNaLyTiX and shall contract with FutureLand Properties, LLC to provide it to the grow. CB Scientific, a FutureWorld Corp. subsidiary, will supply all testing and laboratory equipment and shall contract with FutureLand Properties, LLC to provide it to the Grow. The Equipment Fee and Base Rent are collectively referred to hereinafter as “Rent”. Detail on the equipment supplies from HempTech and CB Scientific will be provided on exhibits through separate agreement with the suppliers.
http://biz.yahoo.com/e/141205/fwdg8-k.html
******Lets Calculate*****
$10,000 per acre per month PLUS $205,000 per month
37 acres x $10,000 = $370,000 per month Base Rent
+ $205,000 per month Technology & Testing =
$575,000 per month x 12 months =
$6,900,000 in revenues per year from this first client
This is from the signed lease agreement as detailed in the 8K filing for those 37 acres...FWDG has 237 acres total available for lease.
When/if similar leases are obtained for the remaining acreage, we can try to estimate total annual revenue by using this agreement. Five more contracts might be signed with similar terms (37 acres x 5 = 185 acres of the 200 acres remaining for lease). An estimate could be a total 6 similar contracts then on this 237 acre property.
$6,900,000 x 6 = $41,400,000 per year
when all the land is under contract!
The portion that is Base Rent revenue would be attributed to Futureland Properties. The Technology & Testing portion revenues to Hemptech & CBScientific.
One revenue stream calculated here. This does not include selling hundreds of thousands of CBScientific's CBD & THC test kits nor does it include the revenues from UrVape with their new SafeVape product line launching in February
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