Wednesday, April 01, 2015 1:26:27 PM
WILTON, CT / ACCESSWIRE / March 27, 2015 / Corporate Update (OTC Pink: GRLF)
The Company is pleased to update its shareholders and the investment community on an exciting venture it has been working on since the first of the year. The underlying thesis is to provide turnkey facilities to fully licensed/legal caregivers. As project manager, GRLF has selected the initial caregiver, is negotiating lease details, and has several potential investors to provide the capital for the facility build out. To meet the initial caregiver/tenant's requirements, a maximum of $80,000 is needed. It is important to note, that the funding will come from investors and does not require any shares issuances.
The proposed facility, near Portland, Maine, is approximately 12,000 sq. ft. of which 6,000 sq. ft. will be leased by GRLF and investors, providing ample room to sublease space to additional caregivers. The facility is properly zoned with the only other tenant being a caregiver. ME. Site visits for potential investors are being scheduled, with initial visits tentatively set for mid-next week.
The Company will provide updates on this project as milestones are reached.
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