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Re: be_real post# 5323

Saturday, 03/18/2017 12:25:15 PM

Saturday, March 18, 2017 12:25:15 PM

Post# of 13373

just 2 things I want to get off my chest. if they barely (almost) did 100k in sales for the year, and just guessing their profit margin is 15 - 20% (I will take anybodys better guestimates) that means they actually EARNED 15 - 20K for the YEAR ? That is incomprehensible. With all their products, if they can sell a measly 10k a month that would be 120k per year, which is more than they did, and earn profit of 25k or thereabouts. HOW COULD A COMPANY THAT SUPOOSEDLY HAS WORKED SO HARD TO DEVELOP NEW PRODUCTS NOT BE ABLE TO SELL 50K PER MONTH, LET ALONE 10K? I MEAN THESE ARENT RUBBER BANDS, THESE ARE PRODUCTS THAT COST A FEW DOLLARS SO THEY DONT NEED TO SELL 100 THOUSAND OF THEM.

2) "(iii) We do not expect to purchase additional plant or equipment except as required
from sales growth. "

DOES THIS MEAN THEY STOPPED THE EXPANSION FOR MANUFACTURING CAPABILITIES? I CANT UNDERSTAND WHY THIS IS TAKING SO LONG. FORGET THE NUMBERS, THE8K'S THE Q1 REPORTS, ETC. JUST SELL BABY !!! IT REALLY ISNT THAT HARD AND YET THEY CANT DO IT. WHAT AM I MISSING ?
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