Welcome FY23, page-5

This company is a MARKETING exercise relying on a one man band trying to replicate his previous business model with an adjusted product mix.

They do not have the cash to manufacture/warehouse/distribute product. All these elements have to be outsourced.

The problem now is the lack of revenue and cash. It is being created on a shoestring budget, with substantial overheads

They are up against cosmetic companies with billions in revenue and a war chest of cash plus a myriad of small time global “influencers” flogging anything with a lid or similar packaging.

Tough gig.