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Tuesday, September 09, 2014 11:43:29 PM
Re: big green tractor post# 9020
Post # of 9229
With this INCC facility for Hydroponics Tower…
This is huge for INCC if they achieve their goals. It is just a matter of time before many investors begin to see what some of us already see with INCC. This is a very huge facility in Colorado for their Hydroponic Towers to be placed. Now I see why the CEO upped the amount of marijuana to be cultivated to be 19,200 pounds (lbs):
https://twitter.com/MedCanHldgs
[Suppressed Image]
For inquiring minds… the average price of marijuana per ounce, as of July 2014, in Colorado is roughly around $200 per ounce as indicated below:
http://time.com/money/2965578/marijuana-price-war-heats-up/
16 ounces = 1 pound
So… let’s derive how many ounces 19,200 pounds would equal…
19,200 pounds x 16 ounces = 307,200 ounces
This means for revenue for INCC below:
307,200 ounces x $200 per ounce = $61,440,000 in Marijuana Cultivation Revenues
This is why these levels won’t last long upon the company sticking to their game plan to first becoming current with their financials and then retiring the 3 Billion shares from their Outstanding Shares (OS) as the company has been promising. This is also why the removal of the DTC Chill will be huge too as the company is currently working on removing too.
To add, I think it is fair to expect a 55% Net Profit Margin:
http://www.fool.com/investing/general/2014/01/05/legalized-drug-dealing-an-inside-look-at-colorados.aspx
v/r
Sterling
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