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WiseTrader55

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WiseTrader55

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Re: None

Friday, 10/11/2019 7:06:02 PM

Friday, October 11, 2019 7:06:02 PM

Post# of 46299
By the way....Sing management said they sold one pallet of hemp cigs and have ordered another pallet to fill incoming orders.

Some quick math....there are approx 500,000 cigs per pallet....or 25,000 packs of hemp cigs per pallet.

They should retail for around $22 per pack. I imagine SING nets around $6 per pack using similar margins from other hemp/CBD products.

So....25k x $6 = $150k profit per pallet.

This could be a VERY GOOD revenue generator for SING with re-orders occurring as the product is sold in convenience stores.

Too bad the stock price doesn’t reflect it!

All messages posted by me are just my opinion.
They are in no way a suggestion to buy or sell any security.
Please consult a licensed Financial Advisor for your investment advice.

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