March '19 Orders Are More Than 240% of March '18
April 3, 2019 - Our 2019 order pace remains torrid as we close the books on March 2019. Distribution orders for March of 2019 were over 240% of March 2018. Growth was fueled by a surge in New York and New Jersey orders. One of the benefits of operating in ten states is now becoming evident. Growth surges from different markets at different times can fuel top line growth, on a fairly consistent basis.
As your management team, we are focused laser like on sustaining exponential sales growth. Every thing we do is with an eye toward that goal. Whether it's entering a new market; introducing our Cocktail Infuser to turn normally low volume on premise accounts (bars and restaurants) into high volume customers; or introducing a new product that we believe is compatible with our growing distribution channel - now approaching 500 establishments in ten states - offering our "Whiskey Like No Other"; it's all in pursuit of our "Holy Grail" - sustaining exponential, hockey stick, sales growth. We know it's a challenge to maintain that trajectory. But success begins with keeping one's eye on the prize.
We continue to rely upon our community of owners / investors, who have done a
remarkable job of supporting our effort. Whether it's providing financing support through crowd funding; sales support through purchases of Sorgho Whiskey; or spreading consumer awareness through advocacy and promotion; it's all been an important part of our success to date. For that we are grateful and hopeful we can continue to count on our owners to be active supporting contributors to the effort.
Further Update on Beta Test of New IRA Funding Method.
We are inching ever so closer to completing the first IRA funded transaction. We're optimistic it will occur soon at which time we will move beyond Beta Test and more broadly advocate for its use. We continue to believe as the idea of using "patient" IRA cash to invest in "patience required" Reg CF offerings spreads, more and more investors will allocate a slice of their IRA to these kind of investments. We believe this is a game changing event.
A reminder to investors and potential investors - we've received commitments for over $62,000 so far and only the first $100,000 invested will receive our Early Bird discount. See our Offering page for details of our Offering and the Early Bird discount. Please invest within your means.
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