Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
SHEEPWOLF'S $1,000,000.00 JOUR..
(Total Views: 204)
Posted On: 03/21/2022 9:06:35 AM
Post# of 106642
Avatar
Posted By: jmtimz
$NNRX Recently Announced Equipment Purchase of 450 Vertical Towers in British Columbia Foundation Farms, Corp., (the "Company" or "Foundation Farms" a subsidiary of GME Innotainment, Inc. (OTC PINK:GMEV) today announced that the company has issued the equipment purchase order for a 450 tower vertical farm to be located in Abbotsford, British Columbia. Early details of the project were disclosed in a previous news release in July and management is pleased to report that a new business plan, prepared by an independent third party, confirms previous profit projections. Gross margin is expected to be $445,000 per year or 98% of sales. The joint venture is expected to generate a net profit of $113,000 per year or 25% of sales and payback on capital is expected to be achieved within the first two years of operation. These numbers are based on the actual long-term experience of the Company's technology suppliers with further confirmation from the Company's own experience over the past four months with its first Red Deer area vertical farm. https://finance.yahoo.com/news/foundation-far...00023.html

(0)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site