RE:RE:RE:RE:Pot Grower Disrupter Business I think there is more to this partner than you think Eunice. VIS owns 30% of the company purchased in shares and cash. The debenture is more of a protection for investors using Exceeds assets. This Solar housing and garden units is all the rage and they are in the right place and the right time. This is just another derailing for me as an investor.
Exceed Solar is on pace to unveil a beta version of the customizable, solar-powered “Sol Spaces” module next month. We anticipate much buzz for this revolutionary yet affordable product with a trial-living program that will debut this summer in an area just outside of Fairmont BC.
I imagine other possibilities across our Visionstate Corp. technologies, such as potentially integrating WANDA technology into Sol Space modules, to take advantage of synergies between sustainable housing and monitoring residential power usage.
Read more at https://www.stockhouse.com/news/press-releases/2018/05/02/visionstate-corp-releases-letter-from-the-president#MytyHcxvMyisViWB.99 eunice12 wrote: sicilian you are right about Exceed potential and VIS owns a small convertible debenture in Exceed, however imo their revenues will just be sales of units for Exceed with VIS getting some recurring revenue from sensors and iot sales of hardware.
As far as the commercial growers like Freedom go, I am thinking VIS will just get recurring revenue from sensors and iot plus sales of hardware. Plus we have an unquantified equity interest in Freedom but I doubt anyone else on a commercial scale will give up equity.
The big dog is still Wanda and Bunzl but after Freedom gets past the LOI stage we will find out about potential equity interests in the pot biz. At the LOI stage it is just hopes and can fall apart as both parties study the situation more, but MOU will be at a fleshed out point for info.