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HempAmericana, Inc. (HMPQ) Purchases 200L SuperCritical CO2 Extractor To Begin Mass Production
HempAmericana, Inc. (HMPQ) Purchases 200L SuperCritical CO2 Extractor To Begin Mass Production.
About this update from Hemp Americana Inc
[{"type":"text","content":"\n \n \n HempAmericana, Inc. (HMPQ) Purchases 200L SuperCritical CO2 Extractor To Begin Mass Production\n \n \nHempAmericana, Inc. (HMPQ) Purchases 200L SuperCritical CO2 Extractor To Begin Mass Production\n\nOn The Heels of The Launch of New Operations in Maine, HempAmericana Launches Multi-Million Dollar Initiative\n\n \n NEW YORK, NY--(Marketwired - Sep 14, 2017) - HempAmericana, Inc. (OTC: HMPQ) is pleased to announce the purchase of a new 200-liter Supercritical CO2 Extractor machine as a critical step in the Company's planned ramping of new operations at its Maine facility. The purchase is part of the Company's strong multi-million dollar initiative as it assumes an emerging leadership role in the high-capacity production of supercritical CO2 extracted CBD products. The Company has purchased this machine under conventional bank financing. \n The massive 200-liter machine was purchased from Vitalis Extraction Technology, Inc., and represents the largest machine ever produced by the company, with an unmatched productive capacity. HempAmericana, Inc. is expecting a financial yield of between $100k to $150k in revenues per week from initial operations. However, it may not be long before those numbers are dwarfed by the productive yield of this enormous machine once it has been ramped up to full capacity. According to Company models, shareholders could reportedly benefit from an acceleration in top-line returns to an upside limit approaching $700k per week.\n The total purchase price of the machine was $672,000 and has been purchased under conventional bank financing. HempAmericana, Inc. placed 20% down on the 200L Supercritical CO2 Extractor and the remainder of the purchase will be handled as a self-liquidating liability given the high expected pace of returns and the remarkable demand already coming in from local landowners. In fact, the Company has reportedly already received requests from surrounding farms to process over 100,000 acres of land once the machine is online in November.\n Other leading firms involved in large-capacity supercritical CO2 extracted CBD products have reported recent purchases of machines topping out capacities not greater than 100 liters in volume. \"The purchase of this mega machine is something we have been planning for so long and we have finally been able to achieve this tremendous goal! ...