Business
Medically Minded Initial Sales Test Marketing of Recently Acquired Inventory Estimates Retail Value in Excess of $150,000
Medically Minded Initial Sales Test Marketing of Recently Acquired Inventory Estimates Retail Value in Excess of $150,000.
About this update from Sixty Six Oilfield Services, Inc.
[{"type":"text","content":"\n \n \n \n\n\nMedically\nMinded Initial Sales Test Marketing of Recently Acquired Inventory Estimates\nRetail Value in Excess of $150,000 \n\nWEST PALM BEACH, FLORIDA--(May 26,\n2016) - Medically Minded, Inc. (OTC PINK: MMHC), announced\ntoday that it has completed various sales test marketing of the products\nrecently acquired and delivered from Health Synergy, Inc. The test marketing\ninvolved the pricing of the products under tiered pricing structures to\ndetermine the most favorable price point for each item. The Company, based on\nthese test efforts, has experienced daily revenues and established what it\nbelieves to be the optimal pricing points to generate the most sales.\n\nThe Company’s initial inventory of products\ninclude CBD Vape Oil in 3 Flavors (Strawberry Kiwi, Rainbow Cream and Menthol)\nof 50mg or 150mg, CBD Honey Stix 3 -Pack, Pharma Grade CBD Energy Powder, CBD\nInfused Shampoo, CBD Infused Conditioner and CBD Infused Body Lotion. The\nCompany has placed an estimated retail value in excess of $150,000 on this\ninventory based on the number of units of each product on hand along with the\nrecently established pricing structures. The inventory does not include the\nCompany’s recently announced launch of a Medically Minded brand of 0.5 ounce\nand 1-ounce Hemp Oil Tinctures, which the Company expects to take initial\ndelivery of over the next couple of weeks.\n\nJames Grady, CEO of Medically\nMinded, stated, “The true value I see in our recently tested pricing structures\nis that we have acquired over 100 customers in a matter of weeks and\nestablished that we have a significant enough value of inventory to fund the\nCompany’s continued product acquisition and marketing in the short term.” Grady\ncontinued, “By achieving our estimated value of the current inventory we will\nbe generating internal funding that is not dependent on outside financing”.\n\nMedically Minded’s current offering\nand pricing of inventoried product available at www.medmindedlabs.com is:\n\n-Vape Oil 10ml 50mg (Strawberry Kiwi, Rainbow Cream and\nMenthol) $9.99\n\n-Vape Oil 10ml 150mg (Strawberry\nKiwi, Rainbow Cream and Menthol)  ...