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Alias Born | 12/07/2013 |
Friday, March 27, 2015 7:03:04 PM
THIS COMPANY LOSES OVER $1,000.00 - $2,000.00 for every case sold!!! This is very simple math. Marani has probably had about 5,000 cases in sales since they started in 2001(still a start up company after 14 years of miserable failures???) but I will give them the benefit of the doubt and say 25,000 cases sold. From financials of over a year ago, they had a deficit of over $26,000,000.00, which is probably over $30,000,000.00 by now, but again, I'll give them the benefit of the doubt. Too bad we can't get their overdue financials!!! I'm nothing if not fare and equitable!! Take the $26,000,000.00 divided by 25,000 cases and you get a loss of $1,040.00 PER CASE!!! (I'm laughing at the thought of them selling this many cases) great job MAGGIE!!! This company and share holders would be much better off if they simply gave the product away, but from what I've seen, they can't even give this product away, they have to lose at least$1,040.00 per case to get rid of it...
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