Wednesday, November 21, 2018 1:54:47 PM
The company's balance sheet is a bit of a concern, but a financing agreement with Citibank should help with the management of receivables from retail vendors. This will help with managing the supply-chain and cash requirements for production, as it will allow the company to more closely match the receipt of revenues with the costs of production, thereby eliminating the need of burdensome cash requirements.
The agreement calls for the rate to be based on the credit worthiness of the retail partner, e.g. Walmart, not Glucose Health, Inc.
I hope to see this soon selling in CVS, Walgreens etc. THAT would be a huge boost to sales and greatly boost exposure....Give em hell Murray Fleming.
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