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Re: TradingBabyishere post# 180558

Sunday, 10/07/2018 11:48:03 PM

Sunday, October 07, 2018 11:48:03 PM

Post# of 211653
Actually, "following the money" would be sound advice."

Q over Q sales are down, and now, imho, a MJ deal is being touted because apparently the Bellissima pump is fizzling out. Nothing new for Rich with 8 failed business already accredited to his name.

Might not we forget, CB can contractually walk away if 15k cases are not sold this year. Following the money is a scary prospect if Q3 and Q4 look anything like Q1 and Q2:

Pursuant to the License Agreement and Amendment No. 1 to the License Agreement effective June 30, 2017 with the Bellissima Licensor (see Note 12a. above), Bellissima is obligated to pay the Bellissima Licensor a Royalty Fee equal to 10% of monthly gross sales (12.5% for sales in excess of defined Case Break Points) of Bellissima Brand products payable monthly. The Bellissima Licensor has the right to terminate the endorsement if Bellissima fails to sell 10,000 cases of Bellissima Brand products in year 1, 15,000 cases in year 2, or 20,000 cases in year 3 and each subsequent year.

https://seekingalpha.com/filing/4174434