"Strategic's plan is to have the Memorandum of Understanding signed by mid-February and the final agreement signed by the beginning of March, 2014; with construction to modernize the operation beginning in February and the first new crop started in the first week of March."
So in otherwords, even though the company has not signed any deal with them (they are only in negotiations, in which the vast vast majority of these negotiations fall through), they plan to have the final agreement signed by March, but will start construction in February. LOL.
Yes, that's a good way to do it. Start construction before you even have a signed deal. That's how the pro's do it, right? LOL!
Strategic Global Investments, Inc. Enters Into Negotiations to Acquire Colorado Marijuana Cultivation Facility
(February 10, 2014)
CARLSBAD, CA- via eTeligis (Feb 10, 2014) - Strategic Global Investments, Inc. (OTC Pink: STBV) is pleased to announce that the Company has entered into meaningful negotiations for the purchase of a Marijuana Growing facility located in Teller County, Colorado. The Company's intention is to expand and renovate the cultivation process with new State-of-the-art equipment and advanced growth and harvesting techniques in an effort to capitalize on the recent legalization and resulting high demand of cannabis in the state of Colorado.
Strategic's plan is to have the Memorandum of Understanding signed by mid-February and the final agreement signed by the beginning of March, 2014; with construction to modernize the operation beginning in February and the first new crop started in the first week of March.
The Company has fully evaluated the industry and expects to be able to yield a harvest and generate revenues from the sale of plants by the 3rd Quarter of this year. Colorado began allowing the sale of recreational marijuana on January 1; consequently the Company will be set to market quality product to an already existing client base as well as new clients. Due to recent relaxation of regulation on Cannabis, an influx of new consumers continues to grow, revealing a lucrative opportunity for the Company, whereas marijuana dispensaries cannot keep up with the continually rising demand for high quality marijuana.
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