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BulloftheWoods

05/14/15 12:01 PM

#16811 RE: westeffer #16804

Any feedback yet on sales of NuLief at the Blum Disp. in Ca. ?

That's what I find puzzeling is the lack of any information regarding sales. A world class product in which nobody can touch, taste, feel. Yes, it's been an amazing roll out, NOT!

crookedneck

05/14/15 12:21 PM

#16815 RE: westeffer #16804

Thanks Wes, everyone knows I have supported the company for a long time, but I have no intention to support this huge mistake they are making with Nulief. At the very least, they should be willing to a much more detailed go-to-retail marketing plan with shareholders. Putting it in one dispensary and clamming up is not acceptable.

They just witnessed a huge sell off in response to their Bikini Ready Summer Promotional Plan, because investors are here for their CBD Initiative, yet they just keep pumping tons of money into promoting their Bikini Ready brand. It makes absolutely no sense and when it makes no sense investors sell and leave. You would think they would be able to see that, but seems they don't, because they could have easily quamed the selling by releasing a PR about something related to their retail launch for Nulief.

The CEO said he was committed to getting Nulief to the retail mainstream at the launch event, but his actions of getting it into one dispensary to date doesn't look like much commitment from the shareholder's point of view. To announce another expensive ad campaign for Bikini Ready that hasn't produce near the sales to make it worthwhile is a total waste when you consider they could be using those funds to get Nulief to retail. The Nulief launch event was nothing more than a way to get investors excited and buy more shares on expectations of some follow through on what the CEO committed to at the time, which was to get Nulief out to the retail mainstream.

Nobody expected this poor follow through after the big launch event that they spent big money on. Investors feel they have been tricked into believing something more was going to happen behind the launch event than distribution into just one dispensary. For over a month before the launch they pumped the launch event as a big deal, but then let us all down. Now they have no choice but to stop the wasteful spending on Bikini Ready and use those monies to prove they really are committed to get Nulief out to retail. The longer they go without proving their commitment for Nulief and keep putting out Bikini Ready PR's, the lower the share price will go. Cheers!