Pluto: You are close to this company so I thought
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Posted On: 05/20/2017 1:48:48 PM
Pluto: You are close to this company so I thought I would talk to you first on some business questions I have. I could call KB but I do not like to bother him with my nonsense.
In my opinion, investors need more information about DECN so that they will invest. The last quarterly report was chocked full of great information. It was impressive on several accounts. But (here it comes), we need more information on our sales efforts.
1. There are over 700 on-line retailers that now sell GenUltimate Test Strips. Do you know if there are any requirement for these retailers to purchase a minimum amount of product per year?
2. Do you know if KB would consider supplying us (shareholders) with a list of the top 10 on-line retailers with respect to how much product they have purchased and what the monetary amount is?
3. As has been reported in the quarterly, DECN has received a huge $17 million contract from the South American area. Can we get more information on how this is going? I see that it is a two-year contract. Can we assume that half of this money would be received by the end of Q4?
4. Retail Monster went away. Does KB intend to hire another sales promotion group to start pushing our products. Perhaps he already has someone. And any good sales group will be able to identify what is working and what is not. For instance, the money spent on commercials, do we know if it has helped us?
I am an engineer and I make things. And then I hire a marketing team to sell them…….and I hold them accountable. In fact, I did not pay a salary to any salesperson. They got paid a commission on what they sold. The point here is that I do not see any report of a replacement sales team at DECN. I am sure there is something in place. What is that?
In my opinion, investors need more information about DECN so that they will invest. The last quarterly report was chocked full of great information. It was impressive on several accounts. But (here it comes), we need more information on our sales efforts.
1. There are over 700 on-line retailers that now sell GenUltimate Test Strips. Do you know if there are any requirement for these retailers to purchase a minimum amount of product per year?
2. Do you know if KB would consider supplying us (shareholders) with a list of the top 10 on-line retailers with respect to how much product they have purchased and what the monetary amount is?
3. As has been reported in the quarterly, DECN has received a huge $17 million contract from the South American area. Can we get more information on how this is going? I see that it is a two-year contract. Can we assume that half of this money would be received by the end of Q4?
4. Retail Monster went away. Does KB intend to hire another sales promotion group to start pushing our products. Perhaps he already has someone. And any good sales group will be able to identify what is working and what is not. For instance, the money spent on commercials, do we know if it has helped us?
I am an engineer and I make things. And then I hire a marketing team to sell them…….and I hold them accountable. In fact, I did not pay a salary to any salesperson. They got paid a commission on what they sold. The point here is that I do not see any report of a replacement sales team at DECN. I am sure there is something in place. What is that?
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