Jammin Java Corp (JAMN)

[Brophtron]

uhhhh, they mostly sell coffee...

That's like saying, "It's too bad the BP station down the street from me mostly sells gas..."

How much did you pay for coffee at a cafe or a Dunkin Donuts - $2 or $3? If JAMN supplied that cup of coffee, they would get 15 cents. JAMN only sells the beans to the cafe; they don't get a real cut of the real sales.

BTW, this last quarter had sales in South Korea is down 50% compared to last quarter, so things aren't all that rosy.

JAMN's revenue growth isn't enough to keep them sustained. Q3 almost 2 years ago was $2.5 million; last year should have been an easy $10 million year and they didn't make that. This year they promised $20 million, then cut it down to $17 million and now $12 million looks more realistic. And the losses they have accrued is why they need more financing.