The next Q should show a net profit just with ordinary business.
They paid "six figures" - at least $100k to Louisiana for the dispensary application process when the application was only $15k. The fee for a winning applicant is however $100k. Knowing that, we either paid for at least 7 applications (7 different bids) or at least one winning bid.
The company has a major investment in automated dispensary machines that are slated to go online in 2018. This is a virtually untapped $7.8 billion market.
The company has stated that they are pursuing all avenues for income in the marijuana market. Hints of things like hemp sunglasses and clothing lines have been made. We should expect to see this unfold in a large way in 2018.
Knowing that the company filed an unaudited K on time, but didn't report it to the OTC is odd. Unless they have an audited K already done - or almost complete and they wanted to file the audited K instead. By waiting, they won't need to amend the unaudited K as they roll out the audited version.
If they have an audited K, there is a great chance that the merger is still making progress. If that happens, India Imports will likely have the capacity and distribution channels to handle all their entire line of marijuana products as well as their automated dispensary machines. Rumors are that the main warehouse is currently expanding by 20k sq feet? The dispensary machines are quite large.
Even if all the above doesn't happen, the current operations should be profitable starting in January of 2018. That is huge in itself.
News 
Market Data 
Discover 
