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Sunday, February 25, 2018 11:42:06 AM
They had a harvest in December. That went to medical dispensaries under the old rules. Probably another $100 - $125K. Helps to keep the lights on.
They had a harvest on Feb 9. That is going towards extracting. To reduce risk, they are trying to bring in an experienced extractor. I don't think we'll hear about those revenues for another 45-60 days. Only have an LOI at this point. In the beginning, SIGO will likely only partner with one other company. If they partnered with two companies, that makes it tough to develop solid relations when you have one company competing against the other. So they are probably going to take the time to get the best deal with a single company.
They harvest again on 3/12. Same story as above, won't hear about revenues from that until about a 45-60 days after.
THEN, on 4/6, the perpetual every 2-week harvests start happening, so we'll be bringing in revenue on a regular clip. These harvests will be very interesting as we are using the new retrofit grow methods: feed schedule using Heavy 16 nutrients, LED lights, etc.
This is all documented on Instagram.
The revenue numbers you hope to see probably won't be there to push this to higher highs until summer. If you are in it for the long term - 2-4 years - everything is moving along fine. If one is needing a 10 bagger by April, I'm afraid it will not work out they way they hope. That's my honest assessment. We as a shareholder group would rather have strong hands who understand the timetable.
Just want everyone to have a realistic expectation of SIGO.
My profile pic is super-frosty Banana OG from Sunset Island Group (SIGO).
See SIGO's grow operations here:
https://www.instagram.com/vbfbrands/ (open to public)
https://www.instagram.com/battlemountaingenetics/ (need Instagram account)
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