KELSEYVILLE, CA , Jan. 29, 2018 (GLOBE NEWSWIRE) -- Vet Online Supply, Inc. (OTC PINK: VTNL) (the Company), announces today its first retail CBD order for $245,000. Projected earnings for CDB Pet Treats and Drops in 2018 is $2.75M. Total projected earnings for 2018 is $5.1M.
Dan Rushford, CEO, stated “We are taking precise action to expand our operations in order to prepare for the expected increase in business with our CBD based products. We are stabilizing our business infrastructure to continue this expansion during 2018. We have already begun the process and will be providing detailed revenue guidance for the full year throughout 2018. All of us at Vet Online Supply are looking forward to growing with the industry over the coming years, and our management is capable of implementing our revenue model to prepare to meet this challenge."
The company received its first retail order from a major CBD retailer on December 13, 2017. The order includes the purchase of 5,000 units of the CBD Pet Treats and CBD Pet Drops for approximately $245,000.
The company will announce another new private label of its new Pet Performance Product in February-2018. Projected earnings for the Pet Performance Product in 2018 is $1.3M.
The company will announce another new breeding franchise in February-2018. Projected earnings for the breeding franchise in 2018 is $1.1M. The breeding franchise business model integrates the Pet Products on a national scale.
www.vetonlinesupplies.com
ABOUT VET ONLINE SUPPLY:
Vet Online Supply Inc. is a small US based online retail reseller of proprietary veterinary products. The goal of "Vet Online Supply" is to provide the $38B industry with value priced, superior quality products.
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.