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Thursday, May 23, 2019 1:14:09 PM
Re: None 0
Post # of 9116
UPDATE: Talked to WSRC yesterday!!!, after a long time I was able to get hold of them through Rick's help.
I shared frustration on lack of PR, it took me a while to get their number from Rick and get hold of the guy finally.
Key points
1) The CBD extraction process is going fine and they are working on several CBD products and distribution. They are producing 6 kg of CBD fine grained oil /day and each kg is worth 40000 dollars. The raw CBD oil is about 12 kg/day, the refined after processing becomes 6 KG.
2) WSRC water source will be used to expand in water based CBD products in future - CBD drinks - This is coming from Rick's RSHN stuff
3) Multiple CBD products are under consideration
4) WSFI and WSRC are LLC partners, WSRC has made significant investment in WSFI. WSRC is also looking into expanding beyond WSFI. WSFI will evolve into CBD product test center as Rick's team is working with them to test new CBD products (That's RSHN)
The LLC set between WSFI and WSRC is separate entity where they have 50:50% stake. WSRC is looking beyond this and planning to invest and expand using their resources
Rick's role is expanding CBD pipeline possibly through RSHN product network. WSFI test lab and extraction facility will be used to test and formulate new CBD products
Hopefully we here PR update soon. At least we now know things are fine..what a relief !
finally
It was getting frustrating with WSRC knowing they have everything but we were not able to connect and not get any update.
I will add more details on conversation this weekend
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