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HOT HOT PENNY
Posted On: 11/03/2015 10:17:04 AM
Post# of 27287
Posted By: Paul Robinson
FBEC strong news out this morning:
CEO Jason Spatafora stated, “We are all very excited to get WolfShot™ back online for retail purchase. FBEC’s current strategy is one that preserves wholesale & retail distribution for the long term. With that said, online sales are a key component to the revenue equation given the cost that goes into the first round of production. Many of these costs associated with designing, packaging and sourcing ingredients on a large scale have fees that get factored into the first run of any product being made there by increasing the overall cost per unit. Our strategy is one that should potentially reduce our costs and improve upon our margins, giving us far more latitude with the wholesalers/distributors we currently have in place.”

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