Followers | 403 |
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Alias Born | 05/01/2010 |
Friday, April 21, 2017 1:09:50 PM
Eyraud has lofty ambitions, but her company has very little money. Eraskh gets a 10% royalty on sales; the bottles must be paid for; distributors will take their cut. And above all, the company's past extravagant promotions and planned advertising will require serious cash. The quarterly for the period ended 31 March shows that Marani's revenue for the past nine months had been only $2,448, and cost of sales was $3182.
Net loss for the same period was $435,357.
Accumulated deficit is $26.5 million.
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