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Thursday, January 15, 2015 10:00:09 AM
Since the launch of the those beverages has already been delayed, there are undoubtedly those who think it may never occur (since it's often difficult to know what an OTC pink company really intends to accomplish). I don't think that Dr. Jones would have reiterated the intent to launch that beverage line unless he verified the ability to do so internally and externally. And I draw this conclusion because it would be a critical mistake.
As to why no hard date was provided in today's GRCU shareholder letter, I think the reason is fairly obvious. If a hard date was provided, and then the typical delays associated with a product launch were to occur, that would also strike an unnecessary blow to the new CEO's credibility.
As always, simply my opinion.
It is just a shareholder letter. Which is nice, but doesn't tell us anything, that was not already known.
'As previously announced, prior to the launching of our hemp-infused drink, Green Cures has established numerous points for direct store distribution as well as online retail sales for Rico Suave. We are finalizing details of Rico Suave's launch campaign, and information about its onset will be provided in the very near future. '
GRCU
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