InvestorsHub Logo
Followers 1037
Posts 115556
Boards Moderated 13
Alias Born 06/10/2006

Re: CowboysNation88 post# 29592

Wednesday, 06/24/2015 1:51:02 PM

Wednesday, June 24, 2015 1:51:02 PM

Post# of 98530
So which lie are investors supposed to believe today?


Item 8.01 Other Events

The Company has agreed to acquire a rotary piston filling can line. The new line will be capable of producing between 8,000,000 and 10,000,000 cans per year and will be installed at the Company’s factory in Fairfield, California within the next 10-12 weeks. The Company has begun moving its production from its Los Angeles co-packer to its factory line in Fairfield. The Company expected the transition to take 12 months but on January 31, 2015, the Company agreed to compete the process in the next 3-4 months. The benefits of moving production from Los Angeles to Fairfield include control over the production line and equipment, a 300% increase in production space, additional storage for raw materials, reduction in freight expenses and an increase in the quality control of the product. The line cost approximately $400,000 and is being financed by WB Partners.


Invoice for $78,844 for a used line!

http://static1.squarespace.com/static/5377df36e4b0d7a46b32cded/t/552db1cee4b0103f3161e735/1429057998985/CCF01212015.pdf

You should not make any trades or decisions based upon anything said or written by posts on this board with regard to investments without consulting a professional financial planner/adviser..

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NHMD News