Sunday, December 17, 2017 7:54:37 PM
I am not "arguing" anything! Just providing the FACTS!
FACT! The license agreement is a WEAK NON-EXCLUSIVE arrangement, which specifies that TAUG will share equally in the profits of ONLY TAUG's distribution channel! TAUG does not participate in ICE+JAM's distribution channel. TAUG will have product in some local corner stores, but any big retailers is a "stretch"!
Very simply, ICE+JAM has only has one obligation to TAUG! Supply product! THE END! ICE+JAM's other distribution channels, today or tomorrow, will be TAUG's competitors!
IMO...given the total lack of brand awareness and virtually no access to large retailers, including the large online retailers, TAUG's lip goop sales will be minimal! IF THERE ARE NO PROFITS, TAUG WILL NOT BENEFIT! AT A 50/50 SPLIT OF PROFITS, THE BENEFIT WILL BE MINIMAL! PERIOD! The lip goop business is probably a poorer setup than the Wellness business! Yes, using the logic of basic marketing and distribution principles, it is quite likely there will be little or no "benefit" to TAUG!
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