Tuesday, August 19, 2014 11:44:49 AM
In reality IFUS spent $294,000.00 to produce just $32,000.00 in product sales! The horrible truth is it costs IFUS/Supreme $9 to produce $1 in revenue. Some may try to argue that a large proportion of the $294,000.00 in costs is G & A so the real costs are just $2 for every $1 in sales. But, bagasee is the ONLY product that Supreme has. Hence , all the costs are attributable to that single product. Those costs aren't going away.
Lets see them try to Farcebook that away!!
"Libenter homines id quod volunt credunt"
FEATURED Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • May 17, 2024 11:00 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
VPR Brands (VPRB) Reports First Quarter 2024 Financial Results • VPRB • May 17, 2024 8:04 AM
ILUS Provides a First Quarter Filing Update • ILUS • May 16, 2024 11:26 AM
Cannabix Technologies and Omega Laboratories Inc. enter Strategic Partnership to Commercialize Marijuana Breathalyzer Technology • BLO • May 16, 2024 8:13 AM
Avant Technologies to Revolutionize Data Center Management with Proprietary AI Software Platform • AVAI • May 16, 2024 8:00 AM