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Re: None

Friday, 11/19/2021 12:08:21 PM

Friday, November 19, 2021 12:08:21 PM

Post# of 17760
Monthly revenue under $3 million is losing money.

CLSH costs are in the range of $36 Million a YEAR. To be profitable, CLSH has to average monthly revenue of $3 million. Just to break even until legislation changes the tax and banking laws.

Every time CLSH announces monthly revenue at or below $2million, it is telling investors, they will continue to have huge annual losses.

CLSH may be able to "show" profit due to influx of cash from lawsuit being settled. And, since it is revenue without expenses, the bottom line for two more qtrs will be much improved, but it is not sustainable. CLSH has bought 6 months to wait for US Congress to act.

There have been no permanent changes to the CLSH business plan or results. Recently announced new collaboration inside Nevada and outside, will take time to create sales and net revenue increases. Perhaps, the additional work and production will lead to $3million a month revenue being reached. However, it may be 12 to 24 months away.

GLTA. Do your own DUE.
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