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Re: None

Saturday, 02/01/2020 7:05:56 AM

Saturday, February 01, 2020 7:05:56 AM

Post# of 33157
Indulge Oils.The last two stages of the oil manufacturing process cannot be completed until the permit for the vent pipe is issued and the vent installed. In the interim, Indulge Oils has been producing partial distillate strictly in-line with the permits already issued at the State and local level. The plan is to enter final production once the vent permit has been issued. Two weeks following the issuance, commercial oil sales can begin.

Once final production of Indulge Oils begins, GCGX will start generating revenue from the lease of its assets as well as the management services GCGX offers to client companies. The timeline for this phase is estimated for the first weeks of January 2020.