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Thursday, January 14, 2016 10:53:21 AM
to do with performance.
Now the royalty payout, is, determined by performance.
Les put it best,
" up to 25%" means that some products will return 25% royalty
but not all. Each product line probably carries different royalty
margins just like they carry different profit margins. Also, sales
and discounts will make these numbers vary, as well as retail,
wholesale orders "
There was no need to disclose all that information in the P.R.
As far as I can see, Paul was spot on with VitaCbd, and their
new products.
So, I disagree, that they haven't made good on most of
their initiatives.
Not sure how one can determine, with following the spin off, the
stock rose as high as ,08, and traded between .02.5 and .03
during a year long quiet period, and now out of the quiet
period, adding a new Division, Cbd products, new lucrative
royalty agreement for all of Europe, EU Distribution Agreement,
relaunching VitaCig line, modeled after Germany, who is expected
to see $4M this year, the stock " will continue to suffer ", lol?
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