Sunset Island
Group Announces Update
On Harvest and Company's
Goals
Salinas, CA -- March
15, 2018 -- InvestorsHub NewsWire -- SUNSET ISLAND GROUP, INC.
(OTCQB:
SIGO) is pleased to provide an update to its shareholders
regarding the current harvest.
The Company recently
harvested Bay 1 which will used for extraction purposes. Bay 2 was
harvested beginning March 9. As part of the harvesting, the Company
pre-trimmed the sellable flower from the flower that would be used
for extraction purposes. The Company hung 53 kilograms
(approximately 116 pounds) of sellable flower to dry. The Company
expects to yield between 30-40 pounds of sellable
flower.
Extraction: We froze
approximately 20-30 pounds of flower that will be used for
extraction purposes. Typically, we would expect to see yields of
10-18% from the process weight. But that it typical of trim and not
flower. Processing flower could yield as much of 25% from the
processed weight.
Company's
Goals: The company's goal (once retro fit is
completed) is to produce 0.08-0.10 pounds per square foot of canopy
space per harvest. The Company expects the canopy space to between
1,200 and 1,600 square feet per bay (each bay is a total of
approximately 2,000 square feet). Which would be an estimated
96-160 pounds per bay per harvest.
The Company expects that
its trim weight will be approximately 20-25% of the sellable flower
weight. The expected yield for extraction from the trim is 10-18%
of the processed trim weight. For example, if ten pounds of
trim is processed the company would expect it would produce between
1 pound and 1.8 pounds.
The Company has planted
Bays 3, 4, and 5 under its new growing technique of using coco coir
and increasing its plant count. As these bays are harvested and new
bays are planted and harvested the Company would be able to provide
additional projections and fine tune its
operations.
The number of plants
planted in the bays was/is as follows:
Bay 1: Had approximately
500 plants
Bay 2: Had approximately
800 plants
Bay 3,4,5: Approximately
1,200 plant
Expansion/Retro
Fit:
The Company has been in
the process of retro fitting our current greenhouse. The retro fit
is two phases Phase 1 is the retro fir of the current greenhouse
operations and Phase 2 is the building of a new greenhouse on the
Company's bare land or retrofitting another greenhouse on the
property.
- The Company has begun the process to better insulate the
greenhouse and install HVAC systems in the greenhouse. Each grow
bay would have its own HVAC system which would allow the company to
maintain and control the environment.
- The Company has ordered and is installing Quest 506
dehumidifiers in the greenhouse.
- The Company has begun expanding the Greenhouse (which is part
of Phase 2). The company will move the nursery from Bay 6 into a
self-contained greenhouse. This will allow Bay 6 to be used as grow
bay thereby increasing the growable area by approximately 20%.
- The Company has begun to reduce the size of the flowering
plants to allow for a multi-tier grow system to be used within the
greenhouse. The Company will add at least 1 level for a 2 tier grow
system with the goal of adding a 2nd level for a 3 level tier
system. Under this system, a 2-tier system we expect to produce
96-160 pounds of sellable flower while a 3-tier system could exceed
240 pounds per harvest.
- The Company is currently able to clone approximately 100 plants
per day. The Company's goal is to increase that to 350 plants per
day.
To date the company has
also accomplished
the following items as part of the retrofit of Phase
1:
- Completed rewiring the greenhouse to provide the additional
power needs for the retrofit. This was completed on January 20,
2018.
- Installed 120 LED lights in our grow bays.
- Installed 8 "Sensor Push" atmospheric sensors in the
greenhouse. The sensors provide wireless thermometer / hygrometer
readings with alerts. The sensors allow the company to monitor the
Sensor Push sensors remotely and with the cloud service we can
receive current conditions, alerts and the full data history of
each grow bay.
- Converted the clone room and operations to a Coco Coir and
hydroponics system.
- Begun planting 2 bays with Coco Coir.
- Increase the number of plants in each bay to approximately
1,200 (up from 480 plants).
- Built out new dry rooms.
- Built out new trim rooms.
- Installed 28 cameras in the greenhouse and dry/trim rooms.
- Begun build out of manufacturing room.
- Begun build out of distribution room.
The Company's
current greenhouse operations are conducted with 12,000 square feet
greenhouse, 1,000 square foot warehouse and approximately 9,000
square feet of bare land that the Company currently has temporary
buildings on for administration purposes.
The goal of the
retro fit for Phase 1 is to increase the growable space in the
current greenhouse to approximately 22,000 (with a vertical grow)
with approximately 85% being canopy space (or approximately 19,000
square feet). The Company's goal is to yield 0.08-0.10 pounds per
growable space and to have 5 harvests.
Notice Regarding Forward-Looking
Statements in this press release which are not purely
historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Actual results could differ from those
projected in any forward-looking statements due to numerous
factors. These forward-looking statements are made as of the date
of this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be
accurate.