OTCPK:EMMBF - Post by User
Post by
fixer8888888888on Dec 08, 2017 11:40am
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Post# 27117885
Interesting Press Release from May 2017
Interesting Press Release from May 2017Unless something has changed, the PR states the construction of the first of 3 additonal 100,000sq. ft. production facilities with the first phase ready by Q-4/18 = 20,000kg output or approx. $160M in gross revenue annually. This first phase will not require an additional round of financing. Total aggregate production capacity estimated to exceed 70,000 kilograms per annum once fully built at 300,000 sq. ft. Given the info regarding their strategic forecast, there should be a substantive positive impact on company/shareholder success.
Check it out;
https://emblem.blob.core.windows.net/content/2017/05/emblem-corp-enters-into-agreements-to-acquire-land-for-production-capacity-expansion.pdf