Affinor Growers Inc. (RSSFF)

[Labradorite]

Notes from Nick's speech at the Affinor VIP dinner as related by JVrocks on the Canadian Board (See link below).
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First announcement is that AFI has a LOI to vend in VDL....this is huge imo as it will be the catalyst to licensing...Nick didn't say how many shares AFI is going to issue but I bet it is a lot.....Second announcement is that AFI bought the rooftop garden in Vancouver...the company will start reconstruction July 23 and hopefully be ready to produce in about 3 months...the importance of the second announcement is that the company will achieve a "working model" by the fall so that AFI will be able to tap into the licensing market asap.

Nick talked about 5 revenues streams...1) licensing ($50mm to $100mm)....2) royalties (5% of revenue from licensed facilities)...3) profits from equipment sales (he didn't mention the profit margins but it is about 12% and the equipment contracts can be millions of dollars for each licensing deal)....4) consulting fees (I don't have any idea of numbers on this).....5) growing their own produce (20% to 30% net margins).

Nick was very negative on the MMJ market even though AFI is ready to go IF and WHEN the Cdn government gets around to giving Good to Grow a license.....Nick said he expects that MMJ companies will be selling for 10 cents on the dollar in the not too distant future....Nick wants to grow a billion dollar company and he can do that with food but not with MMJ...what Nick didn't say is that the banks and investment industry can back food but not MMJ.

Nick named dropped the Mastronardi connection but didn't elaborate...it shouldn't be long until we get to hear the significance of the connection.

Nick also announced the potential to work with Transgenix with indoor growing facilities which he thinks could waken the biogenix industry....he also mentioned that the Rooftop Garden acquisition will provide AFI with a new technology to utilize in the Neurtraceutical and MMJ markets.

Bottom line for stock players is that VDL is finally getting vended in which will provide the structure for AFI to start building as a business (Nick has never given up control of VDL to anyone he has dealt with in the past which means Nick is IN.
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