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Re: longhaul4 post# 102145

Wednesday, 10/30/2019 11:10:10 AM

Wednesday, October 30, 2019 11:10:10 AM

Post# of 112680
They've had a really bad string of luck since late 2017. Lawsuits from installing Chinese made greenhouses in Nevada that weren't up to code. FarmOn breaching their contract with mCig and not delivering product. Auditors not getting the job done. Revenue has dropped from $7 million/yr (in FY2018 thru 4/30/2018) down to around what I guestimate to be $2 million in FY2019 (thru 4/30/19). I think they're poised for a turnaround but it may take a year or two to get back to where they were. JMO

Les