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Re: MD-420 post# 84632

Tuesday, 04/04/2017 12:39:41 PM

Tuesday, April 04, 2017 12:39:41 PM

Post# of 112657

I bet you would love to see anything that clearly shows what is what. You won't get it from mcig.



You definitely won't get it from sceptics who have no idea of what's happening behind the scenes. mCig has been extremely transparent. Please give us an example of any construction company that publishes every one of their contracts and their value and completion schedules. You can't!

We're beyond the point where we can easily track mCig's construction projects from PR's.

Here's what we know...

From the 10-Q, thru the first nine months of this fiscal year mCig revenues were $ 2,237,405. Mike Hawkins is projecting three times last year's revenue of $1.6 million for this fiscal year ending on 4/30/17...

3 x $1,600,000 = $4,800,000 projected 2017 FY revs

$4,800,000 - $2,237,405 = $2,562,595 4FQ17 revs projected.

mCig's net profit for three quarters was just short of $700,000 (a profit margin of 31%). Based on $2.5 million revs for 4FQ17, they should make about $1.575 million net income (earnings) for the year ($700,000 + .31 x $2,500,000). If they maintain the revs projection for the 4th quarter for the next three quarters (that assumes zero growth), we're looking at revs of about 10 million for the next 12 months with earnings of about $3.1 million.

As far as specific projects, I would refer anyone to check the Conference Call Transcript...

3FQ17 mCig Conference Call Transcript

Hello, I’m Rob Kressa, CEO of Grow Contractors. All I can say is that Grow Contractors is crushing it. As Mr. Hawkins pointed out in the financial update, the mCig Construction and Consulting Division has catapulted into the number one segment of mCig operations.

We’ve already exceeded last quarter midway and are well on our way to shattering those numbers. We are also now not just the number one consulting website, but due to our merger most likely the number one contracting group in the cannabis space in the West Coast, but the dominant position in Nevada.

In addition to the imminent closing of several more multiple phase projects, our consulting services are providing multiple ancillary lines of revenues, which lead to larger deals. By working in Nevada, since its beginning in the medical cannabis industry, we followed all the trends of this state from the start. We now know almost 80% of the market players personally, and have turned down smaller jobs to concentrate on the largest most well-funded growers and production facilities.

We receive weekly opportunities to own partner and operate our own facility and operations. And that time is coming soon with changing federal signals.



...Regarding specific projects...

As for our projects, Sin City is on the final interior build out and our contracted work for phase one is finishing this month. Green Leaf has opted for an early certificate of occupancy, after we fully prepped an entire 30,000 square foot to be ready to install equipment. This will be four phases now, with the first phase of obtaining basic CO as the new first face. We have also brought them Grow staff and employees to our consulting with them.

Solaris is moving forward with no delay, as excavation has started and delivery of the first Sangreen greenhouses is expected next month. We have several smaller deals that are progressing in Oregon for 6,500 square feet and some in Washington, and we will be updating those via Twitter.

Following our spirit of concentrating on and closing the biggest deals, we finished the design contract for a 115 square foot project in Forest Grove, Oregon. We’ve now won the build contract because of our impressive design and pricing. We also won a Nevada project with Acres Farms to start retrofitting 40,000 square feet of greenhouse, and won another Sangreen order from the same group for 80,000 square feet of new greenhouses based on the Solaris design.

We will also be announcing two California indoor growers and the middle operation design-contract we signed. In short, we have a tremendous amount of current and future business to drive revenues and profits even higher than previously announced. Expect another merger of talent, as we take on more projects and have interviewed 10 qualified groups to find the right cultural fit of profitability and performance based achievement. We’re fortunate to have our CEO and CFO come to Nevada, and conduct a review on our current project in January and meet our newest clients.

With more than 60 business professionals attending our social, with the CEO and CFO during their visit demonstrating our deep contacts and commitment to this market. We also spent a week in February doing due diligence on the Sangreen greenhouse. The Solaris is finishing and even managed to sell acres on the Solaris design. We saw over 100 acres of the highest quality greenhouses Sangreen built over the last several years.

With a strong partnership, we reduced the current pricing of greenhouses by a minimum 50% versus the American brand using the same material with large markup gauging the MMJ community. We fully expect to dominate greenhouse sales in the future.

During our recent tours, we also meet with one large multinational bank, which is developing a lending program to further enhance our dominance in the market. All these developments and a few pocket orders we are keeping under wraps will be announced soon.

Add to this, the model for the industry for the most advanced greenhouse in our community, located in Las Vegas and ready to show by July. We deserved and earned our number one position in the space of cannabis construction and consulting. In all, we have the pieces that other groups dream of. Existing construction deal flow for the next three years or more is assured as the large clients we are currently working with have long-term expansion plans. We are go-to consulting firm with knowledge and running a Grow properly and profitably.

Our exclusive greenhouse deal with the best quality and lowest price is working as projected. Finally, with the consolidation of contracting, new deals, institutional backing, mergers, and buy-outs, we have solidified our position and will work hard to exceed all expectations. Nobody is doing it better than us in supplying picks and shovels to the cannabis community and nobody has a better reputation.



As you can see there are a number of different projects. Not all of them have been individually PR'd and it would be a waste of management time to maintain and publish a detailed and updated list. You're asking for something no other construction company provides.

Les