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Wednesday, November 01, 2017 10:54:33 AM
Cost of goods sold to Castle Brands should be about $50 or less. Price to distributors should be roughly $120. So ROX should make roughly $70/bottle times 10,000 or $700,000 out of the $2 million, assuming my approximations are close enough.
Every $10 higher margin per bottle is an added $100,000 to ROX.
DISCLAIMER: All I say is just IMHO and does not constitute investment advice. My wife informs me frequently that I know nothing. I say you should trust no one on the internet.
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