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Re: Stilwagon post# 55933

Thursday, 02/12/2015 10:03:46 PM

Thursday, February 12, 2015 10:03:46 PM

Post# of 102793
NEW UPDATED STEPS to GROW LICENSE COMPLETED

Lease Negotiated, Executed, and submitted to SEC:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10418284


HIGHLIGHTS to the LEASE:
NO RENT DUE UNTIL THE HARVEST IS SOLD:

rent due will be accrued until such time when the first harvest has been sold and subsequently in 90 days arrears



FREE BUILD-OUT - after 36 MONTHS - the LANDLORD gives a BUILD-OUT credit PLUS INTEREST


16. Building/Greenhouse buy-back

Any and all improvements on the property; including buildings, greenhouses, fixed structures, etc; shall be purchased by the landlord after 36 months of operations. Purchase price of structures shall be determined by actual costs plus cumulative 10% cost of funds per annum.




FIRST RIGHTS on the REMAINDER 200+ ACRES

25. Right of First Refusal

Tenant shall have the right of first refusal to rent landlord’s additional adjacent land.




LEASE RENT - IS WAY UNDER MARKET RENT

@ $2.75 per square foot


FROM ARMSTRONG STEEL article

Allocated growing space is a great investment. While industrial space in the City of Denver leases at an average rate of $4.74 per square foot, an increase of 21 percent over the past two years, according to Colliers International, examples are plentiful of marijuana businesses willingly agreeing to far higher rates — $17 per square foot or more — in order to secure space.

Read more at: armstrongsteel.com/network/contractors-central/legal-marijuana-steel-buildings/#.VN1rd0fF98E
Copyright © 2014 Armstrong Steel Building Systems



LEASE PROPERTY:



Survey Completed:



company that did survey:
http://www.southerncoloradosurveys.com/index.html


Articles for the SECOND LICENSEE, Finnegans Garden





FIRST LICENSEE - Edens Garden
Articles submitted, approved, and processed:
VERIFIED ARTICLES of INCORPORATION of Edens:


In addition we have VERIFIED GOOD STANDING for Edens:






In addition we have VERIFIED ARTICLES for LaVita:


In addition we have VERIFIED Good Standing for LaVita:

In Addition VERIFIED Articles for Finnegan's Garden
http://www.sos.state.co.us/biz/ViewImage.do?fileId=20151102048&masterFileId=20151102048




CONTRACTOR QUOTATIONS BEING GATHERED:



potential look and feel of the inside of the growhouse being planned:


VIDEO ABOUT ARMSTRONG STEEL - this is just one company that they tweeted that they are looking at for the GROWHOUSE

it would be smart for them to get SEVERAL QUOTATIONS



BENEFITS to the STEEL GREENHOUSE that INCC is looking at and getting QUOTATIONS:



EQUIPMENT LIST being GATHERED:







POTENTIAL GROWTECH SOLUTION including ownership of all PATENTS:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10445443

other deals that currently that are in pipeline besides the above deal:

this particular deal also has GROWTECH solution as well (called GroPro)