From the 8k: Clarification on CBD Extraction System Purchase Orders and Delivery
The company received purchase orders from United Opportunities LTD on May 28, 2019 and July 31, 2019 in the amounts of $2,880,000 and $16,945,668 respectively.
The company received a purchase order from Brand House Ventures Inc. on July 10, 2019 in the amount of $4,320,000.
The company is manufacturing the systems in Grass Valley, California in order to maintain quality assurance. Each system requires a 50% deposit upon successful on-site inspection, C1D1 Certification Approval, platform design needs, and process specifications based upon a needs assessment. This process can take 90-120 days depending upon State and County regulations.
Currently, the company anticipates manufacturing and delivery on or before December 15, 2019.
$SIML