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FUNMAN

07/26/19 12:19 PM

#26039 RE: $oldier Hard #26034

Talk about planning for the future. ROX's inventories were $44,232,340 as of 2019-03-31. We know most of that is aging bourbon.

Everything else is contract filled or turned over very fast after being imported.

Jefferson's and the other whiskeys generated $38,403,801 (40.1% of all revenues) during fiscal 2019.

We also know from PRs that Jefferson's is holding approximately 8+ years supply based on current case sales.

Therefore, after discounting for some of the Irish Whiskey revenues which don't equal half of the $38 million, when aged that inventory is worth at least $250,000,000 in revenues.