Replies to post #17759 on The MaryJane Group Inc. (fka MJMJ)

[QuickDraw007]

700k - 800k per year off of the new location? It's only 10 rooms @ $250 per night avg. Even fully booked

250 per night x 10 rooms = $2,500 per day x 30 days = $75,000 per month

$75,000 per month x 12 = $900k per year

est $20,000 per month (lease and addt costs) x 12 months = 240k in costs

900k - 240k = 660k in revs

Thats if it is 100% booked every day for 365 days. There is just no way, that is shooting for the moon

[QuickDraw007]

Where do you get that they are currently making 600k per year in revs? Did I miss something? I have not seen those #'s anywhere and I think there is a bit of pipe dreaming in that statement. Not being disrespectful or anything but if you are doing your math @ 100% occupancy 365 days I year I think you need to recalibrate your scope