(1) VBDG in launching seven (7) new products near term across all major retail chains in an industry kicking butt in this economy, tiny float, market cap, just turned an operating income last quarter for the first time, trades barely above book value.
(2) Q4 their two main products were selling out completely with huge restock orders at Wal-mart, Sears, Best Buy, Staples, Walgreens, Bed Bath & Beyond, etc. MyPlace was the #1 best selling product across the Bed Bath & Beyond chain during Thanksgiving (black Friday) weekend. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33959355
"Just to give you an example, Bed Bath & Beyond has 930 stores. From Thanksgiving Day for the next 3 weekends they sold 160,000 of these pieces. It was a million dollar a week unit." 2 minute VBDG video: http://irgnews.com/coi/VBDG
"the last 6 months of 2008 over '07 our sales literally doubled. They solve a common problem and people love it. And people still have 10 or 20 dollars to spend." ~~Interview with CEO of large As Seen On TV retail company Telebrands, 1/14/09
Infomericals Rise During Recessions "we're able to buy primetime media at very inexpensive prices....there's certain types of businesses that go up in a bad economy" ~~ABC News on 1/12/09
"This is the worst economic downturn that we've seen in the 25 years I've been in business, and it's also the biggest increase in business I've seen......we're able to buy that TV time at half the price we were paying last year" ~~Interview with CEO of large As Seen On TV retail company Telebrands, 1/6/09
(4) Massive improvement last 4 quarters -$3.8 million Q4 2007 to Q3 2008 positive operating income & virtually break-even last Q. Retail sales channel up around 60%+
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