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Saturday, September 17, 2016 5:53:04 PM
AGS.C / AGSTF
Current market cap of 1.6M
Float less than 10 million shares
AGS is in advanced discussions with 4 Targeted Produce Farms in the Eastern US
***** Each license deal is >$3M
3 of the 4 are New Market Tax Credit (Federal Government Program) Projects in Partnership with a strategic financial partner
Share structure:
· 35M shares outstanding, 66% owned by management with voluntary escrow clause.
· Float of less than 13M shares, 3M of which were from the original shell with average cost of 1$
· Current market cap (September 2, 2016) of 1.6M Canadian
Upcoming milestones:
· Development of an exclusive Equipment Lease Program throughout the U.S.
· JV with a Medicinal Permitted Grower/Distributor
· JV Production Venture in Canada
· JV Licensed Production Ventures in US
· Up-list to the US OTQB
· Accretive Acquisitions
· Commercialize LED technology to several Cannabis farms
· Become cashflow positive in Q1-17
“One single vert farm approved and operating triples the current value of the entire company.
Jesus Christ on a pogo stick, you have to love it when a company comes along that just drips undervalued.” http://www.equity.guru/2016/08/24/arcturus-growthstar-technologies-ags-c-ceo-explains-cannabis-aeroponics-potential/
The Company has 3 divisions under its umbrella:
1) Cultivation – AGT plans to be one of the leading companies in vertical farming using its proprietary Controlled Environment Agriculture (CEA). Arcturus provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds a worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generate yields up to 10 times greater per square foot of land. AGT already announced the lease for its first flagship farm in Rohde Island, which will become operational and revenue generating in Q4-16 with focus on Cannabis produce.
http://www.thenewswire.com/archives?tnwcatalyst2=release_id%3D19917
2) LED Division – AGT also in the business of developing and distributing LED based lighting solutions for both commercial and residential applications and is focused specifically towards Cannabis. The Company’s Growthstar brand of LED lights have been top rated for almost 5 years and its newest COB and MCOB (Chip on Board and Multiple Chips on Board) technologies are proving to be game changers in the world of “LED Grow Lights” with 50% reduction in power use and many other benefits. AGT’s Scorpion Grow Lights already won 1st Place Award at Cannabis Cup allowing growth of plants grown legally using an MMAR patient license - See more at: http://www.thenewswire.com/archives?tnwcatalyst2=release_id%3D19950#sthash.nIYlC3Xr.vOw6SJj9.dpuf
3) Agri-Tech – AGT is currently in negotiations to acquire or JV with revenue producing Agri-Tech businesses that are already cashflow positive with huge potential of growth.
Management:
Ø Bill Gildea, MBA, CEO, Director - is the founder and president of ECAP LLC, a boutique investment firm. With over 20 years of experience, he is recognized as a pioneer in the field of environmental insurance, and has a strong record of successfully advancing environmental businesses and projects through effective finance and investment Strategies including uplisting one of his prior ventures on the NASDAQ as well as 2 other successful exists.
Ø John Sweeney, Director & COO - Mr. Sweeney brings with him 16 years of direct cGMP (current Good Manufacturing Practices) manufacturing experience in operations of industry leading biotechnology companies including Pfizer, Wyeth, Genzyme and most recently as Vice President of Operations at Tilray, a 60,000 square foot federally licensed Canadian medical cannabis operation on Vancouver Island. He has extensive knowledge and experience in the requirements of regulated manufacturing for commercial and clinical products and served as liaison for auditing regulatory agencies including the FDA and EMA.
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