A little bit more information. Shows potential rea
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Posted On: 05/15/2017 7:22:24 PM
Re: marketmover #34190
A little bit more information. Shows potential reason why sales were down at least. A little better news.
"Sales
For the nine months ended March 31, 2017 sales were $438,152 compared to $746,825 for the nine months ended March 31, 2016, a decrease of $308,673 or 41%. The sales decrease was driven by management’s focus on closing the LSW Holdings purchase of the control block of the Preferred Series A shares, the lack of inventory of our more popular flavors to sell, and a restructuring of our brokerage agreements with our outside brokers. During the nine months ended March 31, 2017 sales consisted of approximately 89% distributor sales and 11% online sales compared to 92% distributor sales and 8% online sales for the nine months ended March 31, 2016."
"Sales
For the nine months ended March 31, 2017 sales were $438,152 compared to $746,825 for the nine months ended March 31, 2016, a decrease of $308,673 or 41%. The sales decrease was driven by management’s focus on closing the LSW Holdings purchase of the control block of the Preferred Series A shares, the lack of inventory of our more popular flavors to sell, and a restructuring of our brokerage agreements with our outside brokers. During the nine months ended March 31, 2017 sales consisted of approximately 89% distributor sales and 11% online sales compared to 92% distributor sales and 8% online sales for the nine months ended March 31, 2016."
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