RE: Quarterly Updates25 May 2021 13:32
Lets just review what we have going on here.
1. Biggest Council/membership of C-Stores in the USA - AATAC deal signed (initially deal was for Florida and outlying area at 6000 Stores was being discussed). We got a deal for the whole of the organisation 88000 stores plus.
They obviously were impressed and excitedby the brand and the product and armed with the sales data on a small scale trial in Schraders C-Stores with no publicity or fanfare they became the No.1 CBD line, all through a pandemic with lower footfall.
Prepare for lift of getting into 10000 stores with 12-15 months was RNS'd mid Feb 21 so May 22 we should see the 10000 stores hit at the latest.
6 items per day sold at 2.50 USD revenue to Zoetic x 10000 stores x 365 days = 54,750,000 million USD per year
thats 109,500,000 million to the AATAC per year. its a no brainer and no wonder AATAC are super excited about this. im sure they will have had assurances from Zoetic that they have the infrastructure available to supply that amount of product and we know that the guys have been getting that in order with Ox Distribution since the deal with AATAC was announced back end of 2020.
2. deal signed with USA's largest smoker focused chain (Smoker Friendly) 800 plus stores across USA. We know they started trialing the product in Colorado in Feb/Mar 21 and we have the photographic evidence of this in the point of sale display stands. We also can see again through photographic evidence from Apr & May that the product is now selling in all their stores in Montana, Wyoming and have even got one from Missouri (their recent RNS advised of roll out to a lot more states like NC and VG and both of these have 30-40 SF locations. If you dont believe take a look for yourself on Google Chrome maps and put the Smoker friendly name in the search for these different states and view. There are stickers on doors windows and cabinets with CHILL, there are boards up with prices and the CHILL logo and there are Display stands on counters at point of payment. All as the CEO's have said.
12 items per day sold at 2.50 USD revenue to Zoetic x 800 stores x 365 days = 8,760,000 million USD per year
thats 17,520,000 million USD to SF .
added together come MAY 22 we should be near enough to 63,510,000 million USD with a conservative P/ E of 25 =
1.6 billion MCAP giving a share price