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Re: Kool Aid Man post# 86444

Thursday, 09/10/2020 11:18:19 AM

Thursday, September 10, 2020 11:18:19 AM

Post# of 100362
""IMO it seems like he's basically a front man that's giving H360 a legal foothold to operate in the state in exchange for a cut of whatever they generate. If so, then doesn't that constitute an "expense"?""

I guess it depends on who does the billing. If H360 does the billing and pays Green Orchard from the receipts then it would be an expense. I suspect that Green Orchard will do the billing because they hold the licence and then pay H360 for the testing they do through a subcontract so whatever money is received will be revenue to H360 before expenses.

We won't know until more info is released or some new plan Josh has is launched.