The year 2020 has been a difficult year because of COVID-19 but Pix Brix is still growing and gaining brand recognition. The sales forecast for 2020 has been adjusted due to COVID-19 but will still increase 10x. The 2020 sales are based on new domestic, international and educational markets, along with Amazon.
The funds from our Co-Op will be used to produce an order that was placed by Scholastic Inc. Production is already in progress and they are consistent with payment. This is really just an intro Co-Op for us to get comfortable with Kickfurther so we can launch a larger second Co-Op for our Q4 push.