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Re: Rick_Sanchez post# 43335

Tuesday, 09/17/2019 12:31:25 PM

Tuesday, September 17, 2019 12:31:25 PM

Post# of 63474
Excellent post Rick_Sanchez

Regards,
Sleek


News is out and its great.

The single serve (Keurig) market is the name of the game these days. Personally, I'm 28, and I've never physically brewed a pot of coffee in my life (as sad as that may be :) ). Since I've started drinking coffee at home, it's always been a K-cup.

On top of that, we've got new coffee flavors coming, new whole CBD infused beans ready for purchase (for those that grind and do make full pots), new CBD iced tea / iced coffee logos coming, and new CBD iced tea flavors coming.

To date - VATE has done $374,982.82 in revenue, which eclipses their 2018 totals and had their first profitable quarter in Q2 2019. Per this new PR, the forecast is now $400K for only Q4. If Q3 can come in at anything above $225K, they'll have reached $1,000,000 in total revenue for 2019.

Additionally, there's always talk about 'dilution' here on the board. Reality is, the shares that have hit the market are likely funding all of this additional expansion I've mentioned above. VATE will organically grow out of it from here.

Looking forward to a successful 2019.


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