Just a quick note - The cost basis is about $ 23.0
Post# of 11899
Just a quick note - The cost basis is about $ 23.00 per unit, maybe less with that huge volume order. It's difficult to calculate gross margin because some are sold at retail $ 89.95 and a bunch are going to be sold at wholesale, roughly $ 46.00. I would imagine Gotvape has favorable pricing but shouldn't be less than $ 45.00 IMO. Without sales volume numbers, it is almost impossible to calculate revenues; but, they are no where near what everyone has been posting over past few weeks. Therefore, we can expect some serious bashing of revenues after Q3 reporting; but, anyone with any business sense will recognize the growth from Q1 and Q2 is most successful. Again, IMO
Even with Colorado and Washington vote, we will not reach potential until 10k is produced. Your thoughts?