SUMS UP CEO MAZUREK and his BS !
To our shareholders,
While this past year has seen its share of highs and lows, our 3rd quarter performance did not meet our expectations. After a disappointing 2nd quarter, overly optimistic projections and assumptions were made;leaving myself, my team and our shareholders with a false sense of security. We (mainly myself) now realize that the “putting our heads down & work harder” approach that we have historically taken, is notand will not correct our current situation; nor will it allow us to successfully grow our company. So we must review and address the parts of our business that are really holding us back.
These declined sales coupled with increased costs, requires us to make some major changes in the way we operate. We are implementing the following initiatives that we believe will not only increase revenues,
but also stabilize rising costs and free up cash flow.
1. Reach out to suppliers to negotiate payment terms & bulk purchase discounts
2. Focus efforts towards creating variations of our highest profitability products
3. Look into loan consolidation options that will reduce interest expenses and lower monthly payments.
4. Obtain capital investment financing to fund stage 1 of 2022 growth plan
REMEMBER the 5 year Dr CBD deal, turned into one year handshake and then NOTHING
Symbol and Name change….FALSE
Has anything CEO stated or others come true.
Expansion...not
Qs in millions....not
Merger Dr cbd....not
New investors...not
Transparency....not
801 bombs, squeeze.not
Sanitizer sales...not
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