Post by
Jordan1203 on May 22, 2021 11:54am
Financial statement
Seeing a 1.4m charge under "acquisition of property, plant & equipment".. in the breakdown it looks like there was over 1 million spent on cameras, pods, production equipment, etc.. looks like the next phase of expansion is under way? Havent heard anything about this but would make sense since they are now selling everything they produce. Anyone have any idea what these charges may be related to?
Comment by
Canadaforoil on May 22, 2021 12:22pm
1.1 million for construction in progress and smaller other purchses, security being second around 90k. Always look at notes for details.
Comment by
Jordan1203 on May 22, 2021 12:45pm
I see 700k for pods & production equipment, 100k for cooling infrastructure,
Comment by
knights101 on May 22, 2021 5:00pm
What your saying is that things are looking good in the near future? thanks for the information on what is happening.
Comment by
Jordan1203 on May 22, 2021 6:16pm
Hope so. Inventory of grow pods for resale more than doubled. Up to 2million. That's about 35 to 40 pods roughly. Roughly the same amount that grow pod inventory went up...work in progress went down...and theres about 5million dollars currently in "work in progress"... would be sick if majority was pods. Prob unlikely but a man can hope.