I admit being mostly disappointed with the shareho
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Posted On: 03/26/2019 6:51:12 PM
I admit being mostly disappointed with the shareholder letter, and as some have pointed out not much new info than the last one. However, there are a few things I’ve learned; not much, but some.
Facebook and Instagram campaigns were mentioned with positive results. A few days ago Mary777 posted an ad for the new campaign. It may not bring in a boatload of cash, but as Berman said its immediate profit. Also, helps with brand recognition.
The previous SHL he said, “we are in talks with three other companies regarding private label opportunities; two in Europe and one here in the USA”. This SHL he said, “We are negotiating for 3 more private labels which are testing as I write this letter to you”. So, we’ve moved from “in talks” to “testing” with some of the private labels. We know of Charlotte and Detroit testing.
For Dental Berman moved from reaching out to urgent care companies to the meeting stage. He met with 2 and meeting with a 3rd next week.
The testing is complete with the roofing company. 800 units over 4 months. The 1st private label company continues to succeed in marketing our products.
The 2nd private label company begins their ad campaign next week. So, there will be no reason for Berman not to release their name. The ads will probably be geographically local to the dealerships. There should be someone on this board who will see the ads and can verify.
The Reg A was given adequate explanation for now, but Berman needs to follow up on this in greater detail over time.
The info on Sifthouse was most revealing. Last SHL they were looking into a 10,000 sqft space. This apparently did not work out. Now looking at a 5,000 sqft space with possibility to expand. Makes sense; expand as you grow. The down side is Sifthouse can’t apply for a license until they have a building.
IMO April, with the right news and execution, could be the kind of month we’ve all been waiting for. Need the name of 2nd private label. Hopefully get positive results from Detroit and Charlotte. Pharrel continues to deliver. Yield sign gone. Hexagon and On4 Colorado no longer noncompliant. Attorney Letter for Annual. Fix of the O/S amount on otcmarkets. A big reach but maybe even become Hexagon Holdings, or at least an update.
Facebook and Instagram campaigns were mentioned with positive results. A few days ago Mary777 posted an ad for the new campaign. It may not bring in a boatload of cash, but as Berman said its immediate profit. Also, helps with brand recognition.
The previous SHL he said, “we are in talks with three other companies regarding private label opportunities; two in Europe and one here in the USA”. This SHL he said, “We are negotiating for 3 more private labels which are testing as I write this letter to you”. So, we’ve moved from “in talks” to “testing” with some of the private labels. We know of Charlotte and Detroit testing.
For Dental Berman moved from reaching out to urgent care companies to the meeting stage. He met with 2 and meeting with a 3rd next week.
The testing is complete with the roofing company. 800 units over 4 months. The 1st private label company continues to succeed in marketing our products.
The 2nd private label company begins their ad campaign next week. So, there will be no reason for Berman not to release their name. The ads will probably be geographically local to the dealerships. There should be someone on this board who will see the ads and can verify.
The Reg A was given adequate explanation for now, but Berman needs to follow up on this in greater detail over time.
The info on Sifthouse was most revealing. Last SHL they were looking into a 10,000 sqft space. This apparently did not work out. Now looking at a 5,000 sqft space with possibility to expand. Makes sense; expand as you grow. The down side is Sifthouse can’t apply for a license until they have a building.
IMO April, with the right news and execution, could be the kind of month we’ve all been waiting for. Need the name of 2nd private label. Hopefully get positive results from Detroit and Charlotte. Pharrel continues to deliver. Yield sign gone. Hexagon and On4 Colorado no longer noncompliant. Attorney Letter for Annual. Fix of the O/S amount on otcmarkets. A big reach but maybe even become Hexagon Holdings, or at least an update.
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