Posted On: 11/30/2015 5:22:08 AM
Post# of 780
TY FYI. What this tells me is, and through my research: IHSI has direct-access to capital and moving full steam ahead in the cannabis space, as well as continuing on as an electrical contractor with Caltrans and Honeywell. I believe this diversification is a solid approach and as we are seeing, leading to consistent revenue streams. Smart approach by management and I am liking this company more and more.
What I especially like is, IHSI just finished a contract for $1 million announced in July from Honeywell http://yhoo.it/1NkVfe4 and recently announced they are in talks again with them http://yhoo.it/1HtzC4Z, but what I find interesting is, I found reference to the earlier post you sent me on IHSI working on the East Coast, as NY was mentioned in a November PR for Title 21.
So if IHSI just completed a four-part installation of grow lights for $92,000, the first of multiple orders, http://yhoo.it/1j9q74I, and they are in talks with Honeywell (and other contractors), then revenue-potential going into the first quarter could well be in the $ millions. AAA Organics seem very impress with IHSI's new Suncloak products, "the Suncloak lighting system has continued to outperform any light we have used in the industry. We look to expand our grow facility and purchase more Suncloak lights in the coming weeks" and it appears other customers are lining up based on the outcome of the grow, "There are several growers currently considering installations pending their review of the AAA ORGANICS installation; and verification of the stated benefits of the Suncloak systems." http://yhoo.it/1j9q74I Yes, me likes this play.
What I especially like is, IHSI just finished a contract for $1 million announced in July from Honeywell http://yhoo.it/1NkVfe4 and recently announced they are in talks again with them http://yhoo.it/1HtzC4Z, but what I find interesting is, I found reference to the earlier post you sent me on IHSI working on the East Coast, as NY was mentioned in a November PR for Title 21.
So if IHSI just completed a four-part installation of grow lights for $92,000, the first of multiple orders, http://yhoo.it/1j9q74I, and they are in talks with Honeywell (and other contractors), then revenue-potential going into the first quarter could well be in the $ millions. AAA Organics seem very impress with IHSI's new Suncloak products, "the Suncloak lighting system has continued to outperform any light we have used in the industry. We look to expand our grow facility and purchase more Suncloak lights in the coming weeks" and it appears other customers are lining up based on the outcome of the grow, "There are several growers currently considering installations pending their review of the AAA ORGANICS installation; and verification of the stated benefits of the Suncloak systems." http://yhoo.it/1j9q74I Yes, me likes this play.
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