Phivida Holdings Inc. PHVAF

RE:Quick Operation Update.

[BarstoolSage]

Thank you for getting this info out....answers some questions posed this week.

In a nutshell....100k units with distributor waiting for retail shelf space (another article adds that 150K are currently in que for production)

Since the "normal" model is a 100% markup each level, then Vida should get about 25% of the retail price,,,,which of all things I cannot find via a web search.

But that would give us a top line. Out of this I expect both distributor and Vida will have a marketing spend to move it on to the consumer...and will likely have to pay for retail shelf space as this is the grocery store model

As the sales are expected in  2019 Q1, no news until say mid 2019...6 to 8 months away.

In the meantime.....there is their joint venture which will not see results until Canada legalizes "infusables" 

AND Vida+ line is being sold now

Bottom line? We are still an emerging business and DD has to rely on market, opportunity, management, relationships, plans etc to gain confidence in this opportunity.

And in the meantime, until there's "proof in the pudding", we will be susceptible to bashers and baseless pumpers.