Post by
bayoubucks on May 02, 2018 3:57pm
Revenue
I had a call from Victor, IR, explaining why no revenue showed up in the financials for 12/31. Usual BS, so I'll cut to the chase. He said sales for Q2 will be good and they expect to be cash flow positive by year end.
With the partnering with Vertical just announced, it will triple their outlets for the products to 370 in CO, AZ, & CA. Q2 results won't be out until Aug 31st, so we're in for a long wait. Glad I unloaded some recently and will put the proceeds to better use elsewhere. Nothing ever goes smoothly with these little startups so I'm not surprised. Still looks good to me as a long term hold and I may come back in August.