![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, August 24, 2016 2:44:56 PM
They likely used cash and shares to acquire the Cali lab. Anyone with half a brain wouldn't part with their M.J. lab without having skin in the game, so more than likely we'll see the o/s climb a bit. I'm sure we'll see an 8-K shortly with the details or it'll be wrapped up in the 10Q.
500 Customers generating revenue. SGBY quoted 700 at the end of July @ $1000 each in yearly revenue. I don't know what the N. Cali prices are for testing, but likely more anyway. IMHO the acquisition as it stands today is worth $500K yearly in revenue on top of the $700K estimated in July (assuming no new clients which we know will not be the case)
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM