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Tuesday, August 15, 2017 4:21:12 PM
The revenues for the three months ended June 30, 2017 was $6,135 compared to $10,100 for the three months ended June 30, 2016. The decrease in revenues was primarily due to lesser beer sales while the distributor sold through its first quarter inventory.
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We will see the next large purchase order from the distributor in Q3 because it was purchased in early August.
Looking over the report, what really strikes me is their ability to control costs in a superior manner -- only spent $6,000 and almost turned a profit -- these guys are not paying themselves, which is a big indicator to me that they are very confident that distributing MAJOR HEMP BROWN ALE in bottles and cans will be a smashing success
But the biggest take home point of this report is ZERO DILUTION
We are heading into the era of bottles and cans selling in Colorado, California and New York with a tiny float of 220M
The upside for SIPC from these levels in 2018, when I anticipate the next MJ MANIA to hit, is absolutely tremendous
Sleek
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