Jammin Java Corp (JAMN)

[Brophtron]

Think about it, though.

Rohan still goes on about the 52 acre farm. How often does he tell people that only 12 of those acres are used for farmland and the whole thing is owned by him; JAMN doesn't own it.

Toevs talks about being the founder of the office service company he previously worked at. The company already existed before he joined it as a VP of sales in 2001 (the company is a partnership, so the corporation would take on a new entity as partners join, but he didn't create the company from nothing). News of Toevs joining NCS&V is from the Nov. 2001 issue of Automatic Merchandiser. The text reads "ATIONAL COFFEE Service & Vending, a brokerage and consulting company based in Lake Worth, Fla., has named Kent Johnson as vice president of sales for foodservice and Brent Toevs as vice president of sales for OCS. Johnson previously spent 16 years at Unilever/Lipton and the last three as national account manager for the Pepsi/Lipton tea partnership. … "

If the bikes were selling well, why was the price just cut in half?

It's unlikely that JAMN will do $3.5 million in sales in the current quarter (which is already half over, BTW). On the financial report, did you see the figure for allowances and make-goods? Did you think that it was odd that almost the entire figure for the past 9 months was from the last 3 months? This is the time of year that JAMN has to rebalance the books sine Q4 is an audited report. And, of course, we won't find out those results until 4 months from now.