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Thursday, February 02, 2017 7:16:35 PM
https://www.statista.com/statistics/209163/us-wine-industrys-gross-margin/
Turns out margins on wine are much better then you would give them credit.
So the company making $3 to $5 a bottle is very realistic.
That being said, the company will be making some serious cash as we continue to move our product out in greater volume.
ICNB will end up a profitable company this year and you can take that to the bank.
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