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Friday, October 09, 2015 9:31:36 AM
Paul's recent mid quarter update listed 4 construction/CannaPod projects worth more than $6.5 million and that does not include product sales which should be at least $2 million. Perhaps they don't close all of those deals but I'm sure their sales reps won't be standing still for the next 7 months. Either way, they're within reach of the $7 to $10 million in revenue that Paul estimated in May. The main question in my mind is how much of the revenue will be booked by 4/30/16 their fiscal year end. Construction projects generally take several months to complete so the revenue will probably be realized mostly in later quarters.
Either way, revenue is growing nicely quarter to quarter and the company has virtually zero debt or dilution.
Les
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