Friday, August 21, 2015 10:59:10 PM
Abattis current management can turnaround this in a year's time.
Their main focus is now to be cash flow +ve and what they should have started last year along with their so called MMPR applicaitons with HC, they started this year.
It will take them 2-3 Quarters to turn this around back to 0.30 to 0.40 cents.
Hemp Water/CBD water with correct marketing, distribution & partnership can be considered a step in right direction.
Nothing is pure as Pristine clear glacier water and that along with Hemp or CBD will be a thing that can quickly sell.
Their Proof of Concept with just 10000 bottles was to gauge market response. If they get more orders and right branding in place, then this can quickly turn to 300-500k bottles/quarter which can easily translate to 300-500k in revenue on whole sale basis.
The Bill to legalize CBD will pave way a large scale acceptance in very near future.
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