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Am I just not understanding the math? They bought the batch of 60 bottles for $80,000 and are reselling them at $1k per . . . thereby losing $20,000?
worth a few minutes of your time. the photog really brings out obama's humanity, something that wasn't really done over the past 7.5 years.
Quote from: Julian, the BELOVED on August 03, 2016, 01:22:57 pmAm I just not understanding the math? They bought the batch of 60 bottles for $80,000 and are reselling them at $1k per . . . thereby losing $20,000?You're assuming they're selling all 60 this way, which they likely aren't. But you are correct that they are selling this allotment, actual # unknown, at a loss, but perhaps they made a mint on the others.
Quote from: vansmack on August 03, 2016, 03:42:48 pmQuote from: Julian, the BELOVED on August 03, 2016, 01:22:57 pmAm I just not understanding the math? They bought the batch of 60 bottles for $80,000 and are reselling them at $1k per . . . thereby losing $20,000?You're assuming they're selling all 60 this way, which they likely aren't. But you are correct that they are selling this allotment, actual # unknown, at a loss, but perhaps they made a mint on the others. or perhaps this is an implicit admission that they overpaid, there is no way they are going to make all their money back, so they're taking what they can get?
I sure would be pissed to be a person who spent 2-3k on a bottle of this through an exclusive sale only to have it offered to the general public a year later.
Jane's Addiction in LA, Irvine Meadows - Sept 23rd!w/ The Cult, Garbage, Violent Femmes, and House of Pain.