GREY:ARDWF - Post by User
Comment by
dsarkon May 26, 2016 12:38pm
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Post# 24906960
RE:RE:nearly a million shares buying
RE:RE:nearly a million shares buyingJeff has told me Tehachapi is in process of being certified USDA right now. He told me the certification is the last step and done just as the crop is ready to harvest. So I'm thinking in the next month or so we can expect news on this. Tehachapi runs from May to September. So I have it contributing to production starting in July to September. My guess is June will be certification month.
He also told me 600 acres in Arizona is being worked on and that is a couple months away. It runs from Sept to Nov & March to May. So I have it going into production Last week of September.
I could be wrong but here is what I have for revenue by quarter plus my assumptions. Any acquisition are not included below.
Q1 2016 - $2.5M revenue
Q2 2016 - $3M revenue
Q3 2016 - $6.5M revenue *assumes Tehachapi starts in July
Q4 2016 - $11.2M revenue *assumes Tehachapi starts in July & Arizona expansion starts in September & runs to November