Castle Brands Board (ROX)

[FUNMAN]

BTW, "For the contract year ending December 31, 2019, the Company contracted to purchase approximately $4,550,000 in newly-distilled bourbon, of which $1,171,950 was purchased as of March 31, 2019. The Company is not obligated to pay the distiller for any product not yet received."


Page 60, item "C": https://www.sec.gov/Archives/edgar/data/1311538/000149315219009240/form10-k.htm


This is the BBCo deal.

It's not even half of the $10 million available to purchase bourbon. It is however all to be laid down for a minimum of 4 years.

Just put it to sleep and say "see ya in 2023 and age well!"