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Re: vegasandre post# 99053

Monday, 02/08/2021 11:25:13 AM

Monday, February 08, 2021 11:25:13 AM

Post# of 100672
Vegas, ronnie showed a video displaying approximately 20 pallets of product (about 1 truck load) ready for shipment to Laredo. You do realize that rmhb lost over $5 million in 2019, don't you? Well, rmhb recognizable revenue for each can is a nickel. So based on most recent annual financial reporting they need to can and ship 100,000,000 cans just to cover losses. Do the math. That means shipping nearly 10 truck loads every single day for 365 days is required to get even. Aside from the fact that they haven't shipped 2 million cans in the 3 plus years of the CBD LIfe contract, their little plant lacks the capacity, by a wide margin, for that kind of production. Do the math. They need to ship 3500 truck loads annually to break even.

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