"clone revenue alone could be in the millions of dollars by this time next year"
Sep 20, 2017:
"Mr. Magallanes went on to say, "We continue to have the same or similar questions asked via phone calls and emails, so let me once again cover a few of the most recent questions and answers. As of today, we currently have 4,671,771 shares outstanding. Yes, revenue from cannabis clones is a very real opportunity for us and as we ramp up, clone revenue alone could be in the millions of dollars by this time next year. Yes, we continue to believe that $200 per square foot of grow space annually is a very conservative, but realistic expectation going forward. Yes, we have the funding necessary for expansion and no, neither Valerie or I will take any salary going forward; only monthly dividend payments, the same as our shareholders. Yes, officer shares are in fact locked up for three years minimum as they convert three years from conversion date, but we don’t have any real reason to ever convert those shares because as we’ve shared before, we are building this business to become an attractive acquisition target and whether that takes two years, three years or five, our shares are more about maintaining majority ownership than anything else. And finally, no, we do not have any significant debt as a company and we plan to keep it that way for the very same reasons.”