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Re: MagicStone post# 80266

Monday, 10/31/2016 6:20:53 PM

Monday, October 31, 2016 6:20:53 PM

Post# of 127599
You got it! Its only the beginning. Lots more to come.

Property Development -- Phase I -- 80% complete: Of the 8,000 sq. ft. initial building, 80% of the rooms have been completed and are now operational, including full buildout, electrical, plumbing, HVAC, and security.

CO2 Extraction -- Phase I-B: The Company procured two coveted CO2 oil extraction machines and will be leasing this highly sought after equipment to its tenant -- adding to the current revenue stream. County permits are complete and we are awaiting state inspection and approval with Wildfire. The Company expects this phase to be completed by the end of November 2016.

Property Development -- Phase II: Plans are completed for the improvement of an existing 8,000 sq. ft. building south of Phase I building. This building will include primary processing and a full commercial kitchen. Work is scheduled to begin prior to the end of the year.

Property Development -- Phase III: Plans are being developed for a 22,000 sq. ft. building for extended grow rooms and overall mechanical for the site. The Company is planning on breaking ground on this new building in early 2017.
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