Friday, August 22, 2014 11:27:02 AM
Their revenues are supposed to come from Cannabis Testing.
It's doubtful that RIGH even has their own lab (look at the "Lab Expenses" line in the filings).
But they may "farm out" a few tests to a few "buddy" dispensaries.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104652236
For an idea of the PITIFUL volume, see:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104645988
Apologies for the broken link to SCLabs in that post. Here's the live link:
http://sclabs.com/tested.html?view=grid&limit=36&start=468
See the test dates of 8/13/2014? That's the 14th page (36 tests per page) containing SCLabs most recent tests- in other words- they've tested 504 strains in just the last week!
SCLabs, a private lab that operates in RIGH's backyard in California, does as many tests IN A WEEK as RIGH has done in 2 1/2 YEARS!
Steep Hill Labs probably does even more, but they don't publish numbers.
RIGH is a non-entity in the cannabis testing space.
Caution strongly advised here. Thanks for asking!
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