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Re: Value_Investor post# 202977

Tuesday, 11/25/2014 4:19:37 PM

Tuesday, November 25, 2014 4:19:37 PM

Post# of 241015
WNBD products are sold in several countries but let's just use the US and Canada. There are about 317 million people in the US and about 35 million in Canada so we will only use 350 million people together to make it easy. Sales for the last Quarter, which was said to be a good quarter, was $74,000. So that means that the average person in the US and Canada spent an average of .00002 cents on this well established companies popular products in the last quarter? Now that was just the US and Canada. If we took the population of all the countries that the products are sold in that number would be even worse. In fact if we assumed all the sales were just in the US it would still be about .00002 cents worth of the products bought per person. Maybe, NOT SO popular products?