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Saturday, October 10, 2020 5:14:30 PM
Regarding your quotes below...
1- no one works at the plant
3- There is ZERO cash on the bal sheet and no public offering to raise any
The following form answers both questions:
SEC Form 253G1 -- https://www.sec.gov/Archives/edgar/data/1585380/000172186820000118/f2sinkw021320253g.htm
1. The plant has a full time plant manager (Kenneth Porter) but my assumption is they are not always doing full-scale production runs with the need for a lot of full-time employees.
2. The company is utilizing the below to assist in raising funds.
Regarding the third item:
I see Zero Production in just e water let alone all this hemp crap you’re talking about
Check out the following regarding Happy Mellow:
Happy Mellow Professional Video: https://vimeo.com/hunthousepictures/review/456413585/8ec6bd8f66
Greene Concepts to Launch Immune Support Happy Mellow Beverage Campaign on Indiegogo's Innovation and Crowdfunding Online Platform to Accelerate Exposure to 10 Million Consumers
https://www.newsfilecorp.com/release/60825
Greene Concepts Enters the 1.4 Trillion Beverage Industry via Its New Partnership with SoluScience LLC; Production Launch of CBD, CBN, and CBG Lines of Healthy Beverages
https://www.newsfilecorp.com/release/57225
We all want to see the company vastly increase revenues and ultimately net income while reducing debt. I believe that's why they are doing what they can to increase their fund raising. I know that it's not easy to raise money, establish new products, get your name out there and do this in the time of COVID-19.
The pendulum is slow but it is moving upward. They definitely need to get rid of their debt but just about all of that debt was to secure the payment for their bottling facility. Now it's about using that facility to make $$$.
Focusing on convenient stores/gas stations, eventually grocery stores and getting into China will be huge coups. It just takes time to do so.
Like everyone else, I'd love to see us score a huge contract with Kroger, Walmart, Costco, Target etc... but that hasn't happened yet. Penny stocks don't always go gangbusters like Monster Energy drink or Greene Mountain Coffee.
If something larger does strike in the future, you'll want to be at the right place at the right time. Then if you've only thrown a few hundred dollars at this, then the total risk is not that large but the payoff could be huge.
I hope this is helpful.
-Jazz
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