FutureLand Corp (FUTL)

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How is the Colorado grow going?

8K filing detailing the 5-Year 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


$10,000 per acre per month PLUS $205,000 per month...37 acres

37 acres x $10,000 = $370,000 per month + $205,000 per month =

$575,000 per month x 12 = $6.9 million per year

FutureLand Signs Second Contract with LaVita GPS

On January 20, 2015, the Company enters into a Commercial Lease Agreement between FutureLand Properties, LLC, a Colorado corporation ("Landlord") and GPS La Vita, Inc. ("Tenant"). The Commercial Lease Agreement calls for $50,000 for leased Acres per month ($10,000 per Acre per month) for the term of the lease.

Another $50,000 per month x 12 = $600,000 per year

http://biz.yahoo.com/e/150121/fwdg8-k.html