Weekly Update - October 15th

Week ending on October 15, 2023.

Carry over from last week

Hot Sauce

  • Wholesale pricing for AAPES with existing businesses.

  • Others were "minted" or purchased, but never listed.

Completed this week

  • Major work on wholesale options.

    • Tested several solutions and finalized one.

    • Reveal and more information during Tuesday's space with Fity.

  • We have received several orders for custom hot sauces.

    • Several labels have been made and will be sent to United at the beginning of the week.

    • We will continue to create these as they come in.

  • Continued alternative packaging and product configuration testing for major retailers.

    • Research and testing for environmentally friendly packaging options.

  • The good news is that we continue to receive communication from the retail distributor who has advised us that they are in discussions with three new stores. Some well-known. Due to NDAs, we cannot disclose much more but we are very excited to see this escalating.

  • More small stuff and business development and discovery phone calls.

To do

  • Hot Sauce

    • Wholesale pricing for AAPES with existing businesses.

      • The agreement between United Sauces and Apocalyptic Apes LLC allowed wholesale pricing on quantities as small as 1 bottle.

      • We are working on figuring out the minimum order quantities (MOQ) for wholesale pricing, but may not be able to meet the previous agreement quantities and/or pricing.

Challenges

  • Hot Sauce

    • How to pay royalties?

      • Group rev share/royalties.

        • How to allocate?

        • How to claim?

Other updates

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