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Re: canofan2222 post# 32557

Sunday, 08/03/2014 10:04:13 PM

Sunday, August 03, 2014 10:04:13 PM

Post# of 111925
As per 8-k 4/16/2014 I am sure that VGI did there home work and saw the potential of American vaporizer/Smoke when this was place in the 8-k. Simple math....... VGI owns 51%, so actually that would be the potential of 1.25M per Q not the 2.5m I posted earlier, so that would put my earlier numbers at 2.75m to 2.9m Q2. this is only my opinion

Additionally, as incremental working capital for expanding American Vaporizer’s business, (a) should American Vaporizer in six (6) months or less from the date of the Agreement, achieve five million dollars ($5,000,000) in gross revenues, VGI shall invest or cause to be invested into it not less than an additional three hundred thousand dollars ($300,000); or (b) should AMV by December 31, 2014, reach ten million dollars ($10,000,000) in gross revenues, VGI shall invest or cause to be invested into AMV an aggregate of not less than an additional seven hundred thousand dollars ($700,000.00 U.S.).