Yes and it has nothing to do with profit whatsoever.
rs_8625 Tuesday, 06/28/16 12:26:45 PM
Re: sidsaldanha post# 24444
Post # of 24784
This is hilarious. 200KG for an aggregate price of 2million? Only 10K a kg? The current market is between 20-25K for a kg of oil even on bulk orders. I see it as high as 30-40KG for top quality oil. I love how they advertise phantom purchase orders. Talk about a company that doesn't know what they are doing. 2 million still only half of what they paid out in Salaries, lol!!
Risicare Member Profile Risicare Tuesday, June 28, 2016 12:36:43 PM
Re: rs_8625 post# 24455 Post # of 24786
Then IF they actually do fill the order (which is highly doubtful) there will be all the costs of processing, harvesting, packaging, labour etc.... Which means far far less money. It does not even scratch the surface of what is needed to keep the company afloat. If they are selling at half the market price it is likely they have next to no profit margin.
