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Sputnik

11/23/20 3:01 PM

#9002 RE: ericzfw #8989

NGTF?!

Management previously expressed targets of securing 10,000 points of retail distribution by March 31, 2020, while stating it targeted revenues in the millions for the upcoming quarter.

“We expect the ongoing rollout will be successful, and, at the same time, more methodical, than our previously-stated targets,” commented Folkson. “At this point, we are revising our internal distribution and revenue targets. 10,000 points of distribution could still happen in 2020, but we believe spring of 2021 is a more likely timeline. We will not be stating new revenue goals at this time due to the high level of unpredictability in these very early stages.