InvestorsHub Logo
Followers 243
Posts 33533
Boards Moderated 4
Alias Born 09/29/2005

Re: loanranger post# 12171

Saturday, 04/12/2014 4:04:42 PM

Saturday, April 12, 2014 4:04:42 PM

Post# of 37358
Sorry for the confusion. Its nice to know there is ten million dollars under contract and yes it depends on legislation and state contracts etc.... but it sends a message that Medbox has been chosen already.... heres some more of that page I neglected to post..

We enter into contracts for establishing operating dispensaries that vary in price based on location, level of services provided and competitive pressures. These contracts vary in price but, for our standard consulting engagement, generally range from $150,000 to $250,000. As an example we have broken down a $150,000 standard contract as follows:
Price
Package Price
$
150,000
Consulting and Legal
$
50,000
Build-out
$
60,000
Medbox System, including optional Medible add-on and POS
$
40,000

During the 36 months ended December 31, 2013, MDS sold 158 Medbox machines, which includes both base machines and the optional refrigerated add-on unit. During that time we also sold 53 POS Systems, which we no longer sell separately.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.