You are right wrenchman. The current facility is only a fraction of that amount coming in at only 16,000 square fee. When Crockett made that statement he was considering an 80,000 square foot facility. Later, Crockett said he would monitor the market and make further expansions as needed. Keep in mind, all the money was raised in advance, and they still had $500,000 for a dedicated bank account needed to meet state requirements.
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