InvestorsHub Logo
Followers 18
Posts 2261
Boards Moderated 0
Alias Born 08/16/2012

Re: Abigail2 post# 32975

Tuesday, 08/14/2018 12:59:34 PM

Tuesday, August 14, 2018 12:59:34 PM

Post# of 37220
The current building is a warehouse complex that Mr. Snaper owns with a partner. His workshop is there and he has been there for years. I think he is comfortable there. He also uses the warehouse space for personal storage. It was convenient and cheap. They actually did study the feasibility of upgrading that facility. At the time (a few years ago) it would have been at least $500,000.00 just to bring in the power requirements and build a clean room. Not sure what the new space cost but even if it is close to the same dollars wise I am sure it will be better. The $500,000 was minimum to get one machine operational. Any expansion would have been expensive as well. I am glad they have a new location. I am sure that it will save dollars and also represent the company better.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.