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Re: vegasandre post# 99344

Friday, 07/09/2021 11:33:52 AM

Friday, July 09, 2021 11:33:52 AM

Post# of 100704
I think the larger question is: Why, in the 3 1/2 years since the inking of the CBD Alimentos SA de CV agreement (magically transformed to CBD Life w/o any amendment), has RMHB management not once reported to shareholders the number of cans shipped to the Laredo warehouse for further shipment to Mexico. Sure we have seen an array of pallet photos, yet no indication of shipment size or revenues, which amount to 5 cents per can.

This is obviously important, as the potential CBD Life revenue stream is much needed. The last full year financials (2019) posted a loss of better than $5,000,000.00. At a nickel per can they need to ship 100 million cans annually to recover those kind of losses. That's nearly 275,000 cans every single day. Can their little co-packing facility provide that kind of production? How many pallets of cans does a semi trailer hold? It seems to me that unless they have a constant stream of trucks (at least 10) heading south every day, they will continue to lose money. Sorry pal, numbers don't lie and they are hard to swallow.

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