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Posted On: 09/12/2019 12:49:18 PM
Post# of 75087
From the 10Q, we will recognize $350,000 from Green Lotus, likely this quarter, for a 200,000 can production run. We get avg $1.75 per can for this white label deal.
"In June 2019 the Company received a $350,000 purchase order from B&B Aesthetics Labs LLC (d/b/a "Green Lotus"
to produce two flavors of sparkling hemp water. In July and August 2019 the Company made two deposits totaling $56,632 to a co-packer in anticipation of a 200,000 can production run for Green Lotus. The Company anticipates the production run will occur in late August or early September 2019. The Company will recognize $350,000 in revenue upon the successful completion and delivery of the production run."
"In June 2019 the Company received a $350,000 purchase order from B&B Aesthetics Labs LLC (d/b/a "Green Lotus"
to produce two flavors of sparkling hemp water. In July and August 2019 the Company made two deposits totaling $56,632 to a co-packer in anticipation of a 200,000 can production run for Green Lotus. The Company anticipates the production run will occur in late August or early September 2019. The Company will recognize $350,000 in revenue upon the successful completion and delivery of the production run." 
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