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alexbh2285

01/06/20 3:37 PM

#5043 RE: justavoice #5041

Yes - it is in the 10-Q that it has been private label since its launch in June and it was PR'd in August. The CBD is from another supplier Mile High Labs (not sure of their profitability but it is a legitimate CBD suppler with a $65MM non-dilutive term loan (terms undisclosed) from legitimate lender MGG Investment Group raised in 2019 and $35MM in equity raised in 2018) and the bottling is from Rocky Mountain Bottled Water. The brand is "all theirs" but the CBD is not obviously.

https://www.prnewswire.com/news-releases/wcvcs-cbd-beverages-could-help-offset-declining-alcohol-sales-in-restaurant-sector-300900616.html

You had to have known this already if you read and understood the Rob Goldman report that you have mentioned often which valued WCVC based on adding together CDB product sales at a "all theirs (non-profitable publicly traded CBD companies)" sales multiple along with a sales multiple for restaurant sales (and then neglected to consider the debt and the massive dilution in his paid for valuation).

1maga1

01/06/20 3:54 PM

#5045 RE: justavoice #5041

Did he have anything to say about drowning us in conversions?

tuanming

01/06/20 4:02 PM

#5046 RE: justavoice #5041

Do you have any proof that you talked with him? Or anything to convince the current or future shareholders? Give us more bones to chew man :D