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Correction ‘now’ as opposed to ‘not’
CBD oils; both flavours and all sizes - not stating all ‘sold out’!
How can all sizes and both flavours just suddenly be complete sold out?
Taking on debt without an expectation of being able to pay it off any-time-soon is not really an option IMO. You're probably right about a raise being very tricky for the same reason.
They won't fly without some sort of light at the end of the tunnel. If there was a demonstration that one of their products (preferably more than one) was selling extremely well then maybe that would swing it.
Best chance is a take-over and cutting of costs where there is duplication. That could save a fortune.
Maybe it the day to release the latest Argos figures. I try to check each day but it's an inexact science.
Argos (to the 7th day of the following month.)
May 2022 sales 11 mattresses 21 pillows 39 Sleep-aways
June 2022 sales 21 mattresses 18 pillows 143 Sleep-aways.
There's been an Argos sale in June. Even though 143 Sleep Aways is a lot, unless they are selling bucket-loads on the eve sleep.co.uk site it's still probably not more than £10k? to eve. Coincidentally the Argos price is £143 so if there's £50 profit to eve on each one, then nearer £7,000.
I guess over a year it could get to £70k – £100k, or more with the other mattresses and pillows.
(Better than a poke in the eye of course.)
...if CC can't secure a strategic partner or bag a bid then she must secure some debt in next couple months. A discounted raise this low is out of the question, imv
@3p ish
Eve's strategy is clearly to provide the best customer experience. I think CC's preference is for a strategic investor that buys into the company ideal. £3m for 29.9% is probably a fair target for her
Is this allowed?
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