Apparently nothing. Haven’t heard anything in months. Shares are just sitting. They were looking to list but apparently they either can’t or are waiting? Idk, seems like that should have happened by now if they are actively selling, no? I gave up on even thinking about it…. Thanks lol
Comparison of the Three Months Ended March 31, 2022 with the Three Months Ended March 31, 2021
Net Revenue. For the three months ended March 31, 2022, we generated revenues of $4,920 as compared to $15,596 for the three months ended March 31, 2021. The decrease revenue was due primarily to a decrease in sales of hemp cigarettes.
Cost of Revenues. For the three months ended March 31, 2022 and 2021, cost of revenue was $1,764 and $11,853, respectively. The decrease was due primarily to lower sales.
Gross Profit. As a result of the foregoing, our gross profit was $3,156 for the three months ended March 31, 2022, compared with $3,743 for the three months ended March 31, 2021.
Operating Expenses. For the three months ended March 31, 2022 and 2021, total operating expenses were $145,922 and $18,444. The increase was primarily due to higher professional and legal expenses related to regulatory filings and potential stock listing.
Net Loss. For the three months ended March 31, 2022 and 2021, net loss was $145,766 and $14,701, respectively. The increase in net loss was primarily due to higher professional and legal expenses.
Fake news. I find it hard to believe they even sold a single box. I'd love to see the stats on how many visitors their ecommerce site gets. I'd also love to see how much they spend on getting traffic to that site, what their conversion rate is and how many repeat customers if any they get? And what happened to getting on Amazon? 1606 is a black hole of money. If they do list, sell and never look back.
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