InvestorsHub Logo
Followers 3
Posts 162
Boards Moderated 0
Alias Born 08/04/2017

Re: RyNo_23 post# 30969

Wednesday, 02/14/2018 12:29:11 PM

Wednesday, February 14, 2018 12:29:11 PM

Post# of 45833
The tour is not the most important here right now. The harvest numbers are. If they come in anywhere near the 0.08 to 0.1 lb. per sq. ft. as they hope then we can put a number on revenue for each bay cut and project this for the year. Adjust this for expansion as it happens and so on.

I did check this out with several I know in the business and they told me that 1 ounce per sq. ft. is easy to get if the grow space is dialed in so to speak. These were indoor operations and they felt that a greenhouse operation using full sun with additional lights to cover shady areas and adjust the timing cycle should yield more and probably closer to 2 ounces per plant and over the 1.5 that SIGO hopes for.

If this comes true then 10 mil in revenue from current operations at 1,000 a pound (low) would show the stock is now sitting at only about a tenth of it's value even without further expansion.