Monday, January 15, 2018 1:18:11 PM
January 15, 2018 No deal closed with iBliss
This is the point I've been trying to make. Here the company announces deal done in April 2017 and then nothing until we see the financials for Q3 on December 7th 2017. What did we find out? We find out the deal is being renegotiated and not a dime of revenue has been realized through September 30th 2017 for a deal that closed on April 11th 2017. Those financials for Q3 are the only thing I can believe at this point. If the Q4 financials say something different then I will believe it. Also, the 15million in sales according the April 11 2017 PR was speculation that the iBliss once had 15 million in revenue and they were hoping to get back to that # after falling way short of those numbers.
Bottom line
1. it ain't 15million, in fact through 9/30/17 it's ZERO
2. we don't even know if they actually closed the deal
Sorry to sprinkle some facts to the story.
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