D1-The $2,000,000 in orders stated by RSHN did not offer details. However we (potn), earned app. $317,000 net profit thru June 30, 2018 and we had app. $337,000 in total cash as of the end of 2Q. We (potn) fulfill orders, therefore we do not carry inventory, hence we just might be the major source for RSHN’s $2 million of orders; this’can be very real although it’s not clear that there is any monies exchanged. Thru June we have not created a lot of positive cash flow. We’re probably much better-off going after market share than profits in this nascent industry segment.
There is a relationship at minimum with Richard Goulding’s formal involvement with both companies and we apparently could benefit from having a well managed & controlled U.S. source of high quality industrial hemp and mineral rich water especially if we have beverage products. My guess is that we have created enormous demand beyond our ability to adequately supply our customers, lead times as well as costs can also be greatly improved.
Perhaps POTN will have an equity participation in RSHN & XYZ Hemp. When POTN, assuming it does completes the items it has cued-up for us in past various statements we can absolutely soar, but we must uplist to attract another strata of investors! In my opinion at the end of the quarter, almost “all” small funds and institutional types will WANT to show that they have some “cannabis” type company or companies in their portfolio. We will play alongside cweb, tlry, cvsi & others...
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