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Re: Luxeguy post# 5321

Monday, 07/28/2014 7:25:47 AM

Monday, July 28, 2014 7:25:47 AM

Post# of 49370
Lux do you know how many stores the hangover shot was sold in? According to the March17/2014 press release it's thousands.

"'The Hangover Recovery Shot' could save world economies tens of millions of dollars in coming years," said Adamson. "Hangover Joe's can now be found in thousands of retail locations nationwide, and more retail business owners are coming aboard each month as consumers learn about and demand effective hangover recovery."

If each store only sold 1 bottle per day it would equal 90 bottles per quarter. So 5,000 stores would be. 90 X 5,000 = 450,000 bottles per quarter which equals 18,750 cases @ 24 bottles per case. Each case wholesaled for $27.55. 18,750 X $27.55 would equal gross revenues of $516,562 each quarter. Yet the financials in the SEC filings show much less.

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