9
110
Q: CannaInvestor Magazine (CIM)
Derwin Wallace, CEO
A: Jerry Pearring, CEO
Real Brands Inc. (RLBD)
CIM: What will be your estimated profit margins?
RLBD: Because RLBD will be licensing, distributing and producing products our blended margins are likely to be start low and grow steadily over the next two years, with the goal to exceed 40% gross profit margins as we achieve critical mass revenue of $5 million
CIM: How many shares are outstanding, how many shares are in your float?
RLBD: RLBD has 90 million shares outstanding with less than 30 million in the float.
CIM: How much convertible debt do you have?
RLBD: We have less than $400,000 in convertible debt with the majority of this convertible at $.04 per share.
CIM: Is your stock tightly held? What are the negatives and positives?
RLBD: Yes, RLBD’s stock is tightly held although recent financings are beginning to expand our shareholder base. The negatives are that with
Q&A