Monday, April 30, 2018 4:47:19 PM
A 9-month revenue snapshot doesn't provide the whole picture. Total sales for partial 2016 (GH not available for all of 2016 at Walmart) and 2017 are north of $400k. That's a great product introduction by any measure. For first generation GH product, sales and costs were front-loaded and product became profitable at end of cycle. But key for GLUC is not past revenue success. Its (1) to get the new diabetic iced tea product into Walmart and (2) to close another large national or regional retailer and (3) to keep introducing great-tasting new diabetic supplement beverages. The launch of the new product on Amazon since mid-February at $12.73 is no doubt a good margin for GLUC.
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