We do not need Woolies retail here in Oz, maybe NZ, but not here. The concern with multiple retail outlets in Oz is additional waste. The modelling for retail sales through Coles will go straight out the window, forcing us to start again. I think we can safely forget about Woolies here, also our most profitable sales are through shopify, thats where we need to focus on in terms of reach.
I agree the current quarter should be much better than last. We had so many issues in Jan and Feb with customs and supply but I am still confident we will crack the $1m, hopefully closer to $1.1. We will likely see slightly more in expenses as a result of a ramp up in inventory and advertising, and possibly wages. We should not be too concerned about that as the main story is underlying growth. Three quarters of 40% growth is an emerging trend that will be hard to stop as in reality no one knows about Kava yet.
I am more interested to see at what point new investors see the growth and decide to jump on board. Just understanding the market reaction on this point alone could one day reap us alot of money on another growth story. And, there are a couple of great new start-ups out there.
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