I think we’re on the same page; but, we are at
Post# of 11899
I think we’re on the same page; but, we are at a disadvantage because we have no clue as to what Judah has accomplished. Supposedly, it was his Euro connections that were paramount to making the early decisions regarding distribution. Additionally, Gotvape is not the only distributor of RFMK product. Several months ago, we were told that Judah had delivered product to several retail outlets. The general understanding was that our cost was $ 23.00 and the wholesale price was $ 46.00 - $ 50.00 with a retail price of $ 99.95 for a package of two units.
A couple months ago. I commented on the Gotvape deal and suggested that a favorable price for them was about $ 40.00 for a guaranteed order of 500 units per month. That was in late July and no one challenged that suggestion. Those numbers would have produced a 42% gross margin which would be a reasonable deal.
There is no question that if the consumer ordered on line with Cannacig.com, we would enjoy greater margins. That is the benefit of direct sales. But, if a company strives to build their distribution base through wholesaling, it is incumbent on them to support their wholesale network. This is not happening IMO.
I have been honored to share this experience with you and look forward to the days ahead when we will enjoy the fruits of our labors. I sincerely believe that our base of LONGS going back aways is still alive and well. We shall see in the very near future.
Thank you, my friend – see you in Vegas!!!!!!!!!!!!!!!!!!!!
wily