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Tuesday, 04/23/2019 2:08:29 PM

Tuesday, April 23, 2019 2:08:29 PM

Post# of 61672
VATE Q2 REVENUES WILL MORE THAN DOUBLE

Q2 revenues will be up about 150%-200% over Q1

Q1 came in around $100,000

VATE is producing 60,000 cans and bottles of CBD Coffee and CBD Tea revenues from this 1st production run

Distributors will pay approximately $2 per unit

So $120,000 in revenue will be booked for CBD Beverages

They acquired Blessed Bean Coffee in Q1, but with acquisitions there is usually a delay until closing of a few months, so Blessed Bean’s revenues won’t start to count until Q2

Add those 2 new revenue sources to VATE’s growing distribution and sales of Hemp Coffee & Hemp Tea and VATE is positioned to pull in at least $250,000 in Q2

If they do a 2nd production run during Q2, revenues would be over $300,000 for a gain of over 200% compared to Q1

VATE is going to turn into a revenue growth story this year in arguably the hottest segment in the entire CBD industry, producing arguably the hottest beverage — CBD Coffee In A Can


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