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Re: dave55 post# 4711

Tuesday, 03/19/2019 1:43:52 PM

Tuesday, March 19, 2019 1:43:52 PM

Post# of 7114
Virtually all GLUC's capital goes to...

...manufacturing the product...Cost of Goods Sold...raw materials like the tea and fiber and supply chain expenses...not the G&A expenses. Hundreds of thousands have been invested over the last two years. At one time, GLUC had almost no profit margin. Every container sold was near break-even. Over the last two years GLUC has found efficiencies in its supply chain and its cost of production per unit has been lowered. But at the same time, quality of the product is much improved...most importantly the taste of the Peach, Lemon and Berry teas...which are all outstanding!
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