Wow, that sounds extremely bullish! Love it! I rea
Post# of 11899
Wow, that sounds extremely bullish! Love it! I really hope for the sake of investors the company can not only deliver transparency "soon" via the filing of the 10K (which is very much needed) but also be able to grow that quickly and sell out of inventory so fast. That would be amazing! To sell off 20,000 units in three months means selling about 220 units a day. They do have a couple real stores on the ground (OHM, etc), GotVape, CannaCig.com and VInhaler site so we would need say 5 outlets (conservative) to sell about 44 units per day. I personally think that is pushing it. Sure I think the demand could be quite high for the Vapor Inhalers and I think it could be years selling units before the market even approaches becoming saturated so it really is just a question of marketing, exposure, sales access and turnover rates. It is all possible but I just do not know about selling them all of in one quarter time frame, I think they need about two quarters time to sell off the upcoming inventory, but its all just a guess, we shall see.
I do not think getting uplisted is a pre-requisite to revisit the current funding agreement or reviewing the overhead required to run the business. That part of your post about which I am somewhat confused. I think the Ironridge funding of $50,000 per month should do well to keep the company having a decent operating cash level so that sales and marketing operations can continue in order to sell out all of the inventory. Hopefully the company can really have a fast rate of sales but this will be the first big run with a large initial inventory, everything up to this point has been basically a test market, freebie units for exposure and product placements and finally securing a good relationship (wholesale agreement) with GotVape. Now the game of business really begins and I think by Q2 next year we really will be able to judge how the business will perform going forward. For now it is still speculative, however I still think that the stock is not at all pricing in any earnings or even any book value whatsoever when considering the retail value of the upcoming inventory, the $300k in assets already on the book and zero liabilities, not to mention where the real value is IMO which is in the connections and business relationships in the industry (Cheryl, etc) for all of the potential.
I like your idea of a basher "got talent" contest, very amusing that would be to watch! LOL
GLTY
$RFMK .... Mr Allinder, 10K?? 10K? Anyone... anyone...