Fri, 21 October 2016
Status Report as of: October 20, 2016 Date business started: January 27, 2016 Total sales to date: $462,718 Total units to date: 13021 Yesterday's sales $3021 30 day sales: $81,608 30 day unit sales: 2501 Current Number of Products: 7 Current Number of Listings 11 --------------------------------------------------------------- Sales at Mike and Matt's Amazon Store are still extremely strong, despite the fact that they've ran out of inventory on their two hottest items. But these are good problems to have. After all, they're selling three times more products than they expected. So while they've lost thousands in sales, in a way they've become a victim of their own success. But not to worry, they have over $500,000 of inventory on hand and this problem will never happen again.
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Thu, 20 October 2016
Bruce Bragagnolo has a long history building mining companies. He was the co-founder and former CEO of Timmins Gold gold producer. He was also the co-founder and the former CEO of Silvermex Resources which was acquired by First Majestic Silver in 2011 for $120 million. So when he had the opportunity to become Chairman of Inca One, he jumped at it. Inca One has a licensed gold milling facility in Peru, servicing government-permitted small-scale miners. A highly mineral-rich country, Peru is one of the world’s top producers of gold, silver, copper and zinc, with substantial production coming from small scale miners who need government permitted milling facilities to process their gold bearing material (such as the Company’s Chala plant). He's sees many opportunities in Peru and the Company is well situated to take advantage of them.
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