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Re: daiello post# 11108

Tuesday, 12/01/2020 10:16:35 PM

Tuesday, December 01, 2020 10:16:35 PM

Post# of 16061
I'm hopeful Q4 is going to hit $42M but that is just wishful thinking. There wasn't a whole lot of news in Q3 that would suggest pumped up revenues from new distributors.

As far as expenses are concerned we know that $125k/month is getting paid to QuickFillRX. So that accounts for $375k in Q3 and will likely represent $375k in Q4. Total salary/taxes/benefits (assumed) for Eric and Niraj are probably $35k/month or $105k/Q. That gets us to almost $500k/Q in expense. Tack on some other lower paying wages/salaries, lease payment on their warehouse, etc and I think we are probably looking at $700lk/Q in expenses easy.

QuickFill will also receive additional monies but that should register under commissions.
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