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Monday, January 28, 2019 5:55:46 AM
'...On the last response SAPHRA surprised them with a request for them to now COMPLETELY OUT FIT the entire operation to fully functioning capacity, (building, utilities, workers, equipment, security, permits, etc. etc.), and once complete SAPHRA would come in,.... inspect, and POTENTIALLY give license. The estimated cost to outfit entire operation is close to a $500K investment. Without any guarantees of a license in the end.
This request was in contradiction to the wording of the application ( stating that “Provisional Licensing” would be granted without these requirements upfront. TXTM felt that to spend this amount without guarantees of Licensure was unwise and did not produce good shareholder value...'
What are your thoughts about this?
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