Sunday, June 25, 2017 11:37:51 PM
It would be best to re-read and clearly understand your own post or Bobo "THE CLOWN" Linton's PR!
The "estimates" are based upon WHOLESALE PRICES PER POUND AND, BTW, THERE IS NO MENTION OF PCG's 49% CUT OF WHATEVER!
PRICE TIMES QUANTITY (pounds), EQUALS SALES/REVENUE, NOT INCOME!
As previously mentioned, one of THE CLOWN'S best "PR STUNTS" is to mislead the investors by misstating the accounting verbiage! THE $1,868,160 IS A SALES/REVENUE ESTIMATE, but BOBO "conveniently" mis-labels it INCOME, which is typical BOBO PR BS!
INCOME IS WHAT REMAINS AFTER THE EXPENSES ARE SUBTRACTED FROM THE REVENUE!
So based upon your post, KGET IS ONLY RECEIVING 51% OF THE PROFITS, BUT WILL NOT REPORT ANY SALES/REVENUE OR EXPENSES? RIGHT? If the NET INCOME/PROFIT from operations is zero or below zero, which, based upon the startup costs, is highly probable in GROW YEAR ONE, KGET GETS NOTHING, MEANING THE COMPANY STILL WILL HAVE NO MONEY, BUT MUST CONTINUE BURNING THROUGH SHARES LIKE THE PRINTING PRESS WILL NEVER STOP!
AGAIN, SINCE KGET HAS NO MONEY, WHO IS "FRONTING" THE WORKING CAPITAL TO PAY THE START-UP COSTS! WHOEVER IT IS, WILL CERTAINLY BE EXPECTING KGET TO PAY IT BACK! POOF GOES THE CASH!
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