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Saturday, April 11, 2015 12:29:28 AM
From the VTCQ 10Q (3/23/15):
It is the intent of management to work with a market maker to become listed on the OTC Markets OTCQB electronic exchange. We are currently listed in the OTC Markets “grey sheets” under the symbol VTCQ. There can be no assurances as to the attainment or timing of this action.
Revenue: $159,387
Net income: $12,947
I like the product though. My gf who is an ex smoker loves them. I've been buying $50 worth of vitstiks every few months. They just need some distribution channels and that costs money.
Management has estimated that the costs associated with implementation of its business plan over the next twelve months include, but are not limited to, $100,000 in value for Billboards, $250,000 in value for Endorsements (both of which expenses management believes, will be satisfied by means other than available cash expenditure, such as, but not limited to, equity or profit sharing arrangements), $100,000 for Retail Stock Distribution, and $25,000 for Lab Testing. Management estimates that funding of $475,000 will be needed to implement the business plan.
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