SwingTrade Member Forum

[Rawnoc]

VBDG -- Why I Think Q4 Will Be Huge.

(1) Q3 just below break-even going into the Q4 Xmas season. Retail sales were up around 60%+ year over year for Q3 while most other retailers are getting slaughtered in this environment.
(2) Q4 products being launched at a number of new huge retail chains in addition to the selling at Wal-mart, Sears, Target, Bed Bath & Beyond, all major drug store chains, etc.
(3) New product (Heated Ice Scraper) is currently being launched, shipped, and sold in Q4. Two new ecoproducts expecting Q4 launch. 3 new houseware products being tested currently.
(4) More cost-cuts under way in addition to 1/2 price oil & stronger dollar should lower costs substantially..
(5) Major momentum of international sales.
(6) $2.6 million positive shareholder equity plus a large line of credit available.
(7) If Q4 merely meets Q3 sales or sees a mild improvement over Q3, Q4 year over year sales will be 70-100% with a swing from -$3.7 million net loss to a positive net income.
(8) Media/advertising rates have fallen off a cliff to a fraction of the Q3 costs, giving them a huge boost.

Looking into 2009, they are expanding the highly successful MyPlace line of products with MyPlace Cozy, MyPlace Floating Table, MyPlace Couch Potato, MyPlace Ultra coming as well all at 45%+ gross margins.

All of the above info taken from the Q3 conference call, Q3 PR, and Q3 10Q SEC filing:

CC link: http://viavid.net/dce.aspx?sid=00005976
PR link: http://biz.yahoo.com/pz/081114/154767.html
10Q link: http://tinyurl.com/5h833f

Please verify and do your own DD. I think Q4 2008 will pave the way to a massive 2009 IMO.