More Conference Call Quotations......
Hey JT, did you by chance hear the Conference Call? If not, it was fairly brief and worth and listen. There was a press release about it. The company has pulled off a couple new hires and looks to be moving full steam ahead.
"Recent Media spend on Turbo Cooker....test marketing....they had a 3 for 1 return on their initial roll-out. Melissa said they did $50K worth of test marketing and had over $150K revenue generated." It sounds like by the time they get the scripts tweaked and rolled out it would be a major new contributor to 2008 revenues.
She also mentioned that they would be rolling out their first piece of exercise equipment next week and a green item the week after that.
New talent....still looking for CFO.
Kristina Hammond as Vice President of Operations...referred by Scott Swank... a sixteen year veteran from Thane International,
Marissa Diez...she is familiar with insurance, industry
Dynamic Charity...targeting Haiti as our first
We have hired a new Security's Counsel Arnsteen and Lear, LLP
"I believe it is time for DRG to get ready for all the growth it is encountering and to start the process of investigating a new trading index. While the share price IS nowhere near it's true value, we believe business fundementals are a great building block in achieve our proper valuation. We believe it is just a matter of time before we do so."
"We think that we have one of the most under valued stocks in the market place and we are doing everything possible to get the word out, because there is no way our market valuation is accurate. At $2.8 million average when we do that in revenue every three weeks, and we are profitable and cash flow positive, there is no person that would argue we have proper market valuation. We are committed to bringing our stock price commensuate to our the valuation we believe our sales dictate. We believe that not only is there going to be a big....ah, and we have added.....that is one of the reasons we have diversified our core business to include Medico. We believe that not only is it going to be key revenue generator for us, but the market will respond favorably, helping us increase our market valuation."
"I've heard the concerns from our investing community about the stock price and the prospect of a reverse stock [split]. We are in the middlest of several contract negotiations that require stock options. We have an obligation to reserve stock for the warrants for debt holders that have .50 and $1.00 conversion prices and we do need to plan for our employees and be able to attract dedicated talent.....
more later.
Randy
