KRED expands into NYC area

Investment Analysis Clubs Saul’s Investing Discussions
#1

http://seekingalpha.com/pr/10563175-konared-expands-into-new…

How the heck can they manufacture all this stuff. I don’t hear anything about their manufacturing facilities. Does someone else manufacture it for them? With the cost of shipping, and paying for manufacture, and paying their distributors, the the stores marking it up 50%, KRED’s gross margins can’t be too great.

Saul

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#2

Does someone else manufacture it for them?

Hi Saul,

Yes, to quote a very generous and intelligent scholar of a man, (MVIEW):

“It outsources almost all of its manufacturing/production activities with the exception of the original extraction, warehousing and shipping of final products.”

Mykie