RE:news commnghabsfan12345678 wrote: little birdy been tweeiting in my ear....good stuf in the works. Solid buy...keep adding and be patient.
We finish the year above last years all time high.
We should be expecting more news now they have the money they need and more. Principal Purposes The Company intends to use the net proceeds of the Offering for: (a) remainder of funds required for completion of build out of AMAs 67,000 sq. ft cultivation facility in Las Vegas, Nevada (the Cultivation Facility); (b) expansion of AMA and Infused into new U.S. markets in California, Arizona and Colorado via facility acquisitions and expansions and into Washington via licensing agreements; (c) expansion of Infused into Canadian markets; and (d) for general working capital purposes. The following table indicates the approximate amount of the net proceeds of the Offering intended to be allocated to the foregoing uses: Use of Proceeds Minimum Offering Maximum Offering Completion of construction of Cultivation Facility $6,140,000 $7,011,250 Expansion into new U.S. markets: (a) California; $2,658,750 (b) Colorado; $665,000 (c) Washington; $665,000 (d) Arizona $1,500,000 Expansion of Infused into Canadian markets $1,000,000 Total $6,140,000 -$13,500,000