Herborium Group Inc (HBRM)

[gordonhoochie]

HBRM entered in a business contract deal with Kamasutra/Bismarck. They put out a PR that they would be receiving a percentage of gross revenue sales which is important because HBRM has little working capital and has been diluting the SS to raise money to venture into these other arenas. They have never said what percentage they would be receiving. When asked, the Dr replied that since they were in business with a private company that some information has to be kept secret. She seemed more concerned with the advertising then the income which made no sense when your company needs money. Perhaps there are some legal provisions in the business agreement which prevents HBRM from disclosing further info about their vodka deal. I do not know. Upcoming financials will tell the story though on this deal and show if they are making any money or not.