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Tuesday, March 05, 2019 5:36:22 PM
They have 10 million cash on hand, 35 million projected for 2019 sales on the low end, and interest payments coming in for the capital they lent out in 2018, imo
Also imo, I believe they will be landing a very huge partner outside of the sector in 2019 for major funding and their main leverage will be this: Mission Location includes 32 acres of buildable land, expandable to up to one million square feet of production capacity under one license. The Mission Location has received approval from the Fraser Valley Regional District and is currently awaiting approval from the Agriculture Land Commission. The Mission Location taps into wholesale energy costs with 38 MG Watt service at the property line, and access to an ample water supply from underground aquifers, making it a strategically attractive and cost competitive addition to Invictus' current cultivation footprint. Very impressive and very strong incentive for a huge partner, and thats on top of 650,000 square feet, revenues coming from 3 different countries and perhaps more down the road.
Going to be a massive 2 year plus run for those loyal kind shareholders that see the facts and have patience.
The above mentioned entities like Health Canada, well they all have the facts.
Cheers to all and I feel so thankful and blessed to be in before all of it evolves. I suppose thats why I'm so damn happy.
Invictus
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