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Alias Born 12/27/2011

Re: None

Thursday, 09/24/2015 12:15:18 PM

Thursday, September 24, 2015 12:15:18 PM

Post# of 112680
CannaPods and Construction are looking like they'll meet or surpass mCigs $7 to $10 million revenue target...


1.) The company is in the engineering phase (phase 1 of 2) for a 10,000 square foot facility in Maryland, with an estimated construction cost of $513,000.00 per phase.

2.) MCIG's grow division is the sole bidder on a 41,000 square foot facility in Nevada with a total estimated construction cost of $2,500,000.00.

3.) The grow division was just given the "go ahead" to start engineering on a 10,000 square foot cultivation site in Southern California, including a warehouse conversion with 24 interior pods on Native American land.

4.) MCIG is gaining traction with our recently announced MCIG CannaPods 2.0 turn-key pods. The company is drafting an initial order for 3 pods, with 37 more to follow for a total of 40 pods.




Let's see, hmmmm that comes to...

1.) $1,026,000 for 2 phases of construction
2.) $2,500,000 as sole bidder
3.) $1,176,000 + for 24 pods at $49,000/ea (not including installation, construction, engineering and options)
4.) $1,960,000 + for 40 pods at $49,000/ea (not including installation and options)

Conservative total = $6,662,000

...and that doesn't include product sales or $369,093 in 1FQ2015

Grand total = $7,039,093 with no further product sales and no further construction deals (what are the chances of that happening?) ROTFL

What happened to all the claims that $7 to $10 million revenue was impossible???

$$$ smile smile smile

Les