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Re: None

Tuesday, 11/01/2016 5:46:18 PM

Tuesday, November 01, 2016 5:46:18 PM

Post# of 82951
Sales are actually up about 700k for the quarter without the one time sale to mjna for the 2015 quarter:

Revenues and gross profit - We had sales of $4,151,180 and gross profit of $2,570,188 representing a gross profit percentage of 61.9% for the three months ended September 30, 2015 versus sales of $1,859,961 and gross profit of $1,122,419 representing a gross profit percentage of 60.3% for the three months ended September 30, 2014. The sales increase for the three months ended September 30, 2015 is primarily the result of the Company’s $2,000,000 sale of products to a single customer (MJNA), plus our continued efforts to expand distribution to multiple sales channels and thousands of customers, rather than the single distributor sales model used in 2014.