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Post# of 238046
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Alan Brochstein

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Alan Brochstein

Re: Det_Robert_Thorne post# 171629

Wednesday, 07/23/2014 10:37:15 AM

Wednesday, July 23, 2014 10:37:15 AM

Post# of 238046
CanChew - $48K in sales in Q1. Another example of over promise and under deliver at MJNA. What's really sad is that this was a unique and promising product that they couldn't sell - totally blew that part. No wonder the CanChew guys want out. There will be other chewing gum players coming soon according to my sources...

Detective, you probably noticed that 50% roughly of net income for MJNA came from CanChew. Seems like the COGS was extremely low at $5K - 90% gross margin??? I call foul here. It was 52% for all of 2013.

If you don't like my posts, don't read them. If you think only those who agree with you should post, then start your own message board. My conclusions are my opinion only, based on what I believe to be true. I have no crystal ball.

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