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Posted On: 06/15/2020 3:51:57 PM
Post# of 75357
the answer of your question is here:
https://www.otcmarkets.com/filing/html?id=141...nhCSDpSL3h
I don't think RMHB makes a lot of money on those but I think it was part of the deal to get our production infrastructure immediately, so not bad at all
Article VIIII
Pricing for Rhino Rush, 3GS, LLC or Rush Beverage
Section 1.0 Preferred Pricing. Rhino Rush 3GS, LLC or Rush Beverage (“Rush”) will have much of its product made with Purchaser. Pricing for Rush’s products will be as follows: Shot pricing: the greater of $.30 per finished individual shot; or, ingredient and packaging materials, supplied by Purchaser, (from Rush approved vendors) plus $.15 tolling, packed out as instructed by Rush, with a 3-pallet minimum. Can Pricing: the greater of $.37 per finished individual can; or ingredient and packaging materials, supplied by Purchaser, (from Rush approved vendors) plus $.11 tolling, packed out as instructed by Rush, with a 3-pallet minimum. (Example: ingredient cost $.07, Packaging costs $.05, tolling costs $.11 for a total project cost of $.23 but the quoted price of $.37 is greater, then Rush’s cost would be $.37). All finished goods will be delivered to Rush no longer than twenty (20) calendar days from date purchase order is sent electronically by Rush to Purchaser, and the payment for each purchase order will be made within forty-five (45) days of products delivery. Payments made after forty-five (45) days will begin accruing interest at a rate of eighteen-percent (18%) per year.
https://www.otcmarkets.com/filing/html?id=141...nhCSDpSL3h
I don't think RMHB makes a lot of money on those but I think it was part of the deal to get our production infrastructure immediately, so not bad at all
Article VIIII
Pricing for Rhino Rush, 3GS, LLC or Rush Beverage
Section 1.0 Preferred Pricing. Rhino Rush 3GS, LLC or Rush Beverage (“Rush”) will have much of its product made with Purchaser. Pricing for Rush’s products will be as follows: Shot pricing: the greater of $.30 per finished individual shot; or, ingredient and packaging materials, supplied by Purchaser, (from Rush approved vendors) plus $.15 tolling, packed out as instructed by Rush, with a 3-pallet minimum. Can Pricing: the greater of $.37 per finished individual can; or ingredient and packaging materials, supplied by Purchaser, (from Rush approved vendors) plus $.11 tolling, packed out as instructed by Rush, with a 3-pallet minimum. (Example: ingredient cost $.07, Packaging costs $.05, tolling costs $.11 for a total project cost of $.23 but the quoted price of $.37 is greater, then Rush’s cost would be $.37). All finished goods will be delivered to Rush no longer than twenty (20) calendar days from date purchase order is sent electronically by Rush to Purchaser, and the payment for each purchase order will be made within forty-five (45) days of products delivery. Payments made after forty-five (45) days will begin accruing interest at a rate of eighteen-percent (18%) per year.
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