SLEEKSCAPE'S 2022 CANNABIS & MARIJUANA MANIA GRAND SALAMI -- PART II

[sleekscape]

VATE Price Action Today

VATE went up 8 days in a row and moved from .04 to .065 so it was due for a pullback

I wrote this last week in regards to setting expectations for the Q2 revenues:

Wednesday, 08/15/18 01:54:45 PM
Re: toolandAPC post# 19181 0
Post # of 19335

I’m not expecting a big surge in revenue from Q1 to Q2 for a few reasons

Q1 itself was a monster quarter and many times after a big surge in revenue the next quarter is a bit less explosive

There were inventory shortages of Elev8 Hemp Coffee all quarter long, due to the higher than predicted demand on Amazon and at Lucky’s Market, coupled with the fact that they had to divert supply to Lucky’s Market — and I believe they also had to divert supply to build up inventory for the future launch of Elev8 Hemp Coffee in a much larger chain

So it made sense to sacrifice some revenue in the short term for much bigger things in Q3 and Q4

I think they could have sold another $15,000 of Elev8 Hemp Coffee in Amazon without the supply shortages

Furthermore, in the most recent shareholder letter dated July 19th, Medico states that VATE had its best 30-day span with revenue over $30,000 during that time:

https://backend.otcmarkets.com/otcapi/company/financial-report/197827/content

So that would mean Q2 revenue will be less than $90,000

It also means that Q3 is setting up to be a monster quarter, particularly if Cold Brew Hemp & CBD Coffee in cans is launched in September, which is my current expectation

The cans of cold brew Hemp & CBD Coffee are going to bring in much more revenue than the bags of Hemp Coffee, so I am looking for Q4 revenues to be at least double Q2 revenues

Then when you add in the newly branded line of CBD Oil, Elev8 Full Spectrum Hemp Extract Oil, which I expect will also be carried in stores, the revenue growth in Q3 and Q4 has the potential to be very special


Sleek