(Total Views: 303)
Posted On: 09/09/2018 7:06:34 PM
Post# of 99131
From dw and the $RBIZ board a PDF info sheet
I know there are some high hopes for this one.
My post:
dw,
that pdf info on RBIZ is much nicer
than what I have found so I will keep it.
My hold up here includes that they don't expect any profit
for a while / current quarter $1.24M and figure a profit
at the $5M mark. And their target for a gross profit is only 10%
(that might be normal for food, but...)
And that is with acquiring more funding.
Next moves are into Egypt and Vietnam.
As well they cater to Moslem rules
for killing animals - with no corresponding
rules for anyone else (Kosher for example)
Which i am sure will affect some U.S. investors.
Also in that regard
they are a part of the UN world 'sustainability program.
Anyway this is an interesting project.
I know there are some high hopes for this one.
My post:
dw,
that pdf info on RBIZ is much nicer
than what I have found so I will keep it.
My hold up here includes that they don't expect any profit
for a while / current quarter $1.24M and figure a profit
at the $5M mark. And their target for a gross profit is only 10%
(that might be normal for food, but...)
And that is with acquiring more funding.
Next moves are into Egypt and Vietnam.
As well they cater to Moslem rules
for killing animals - with no corresponding
rules for anyone else (Kosher for example)
Which i am sure will affect some U.S. investors.
Also in that regard
they are a part of the UN world 'sustainability program.
Anyway this is an interesting project.
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