Thursday, March 25, 2010 8:52:05 PM
WNBD is not another low margin start up needing millions in $$$ just to bring their first sample to market... they are penetrating some of the biggest retail names in the world and only need a successful marketing campaign to drive sales dramatically. Every dollar raised (dilution) at this stage could be worth 10X the amount by next year making the dilution very worthwhile... This snowball is teetering on the edge... The most difficult growth periods have passed and IMO its becoming a safer investment than most pennies...
There is most likely well over $100 BILLION dollars worth of cleaning supplies bought worldwide each year... $100,000,000 sales goal is a drop in the bucket for this massive massive market. Thats only 1 tenth of 1%, but is all we need to change many of our lives... We do not need to dominate any single market, but it could!
Thats how a company like Orange Glo (Oxiclean) can grow like this, thank to a DRTV firm like Hawthorne...
Orange Glo sales jumped from $1.2 million in 1996 to $129.6 million in 2000, placing the company fourth on Inc. magazine's list of the 500 fastest-growing privately held companies. In 2001, the company posted nearly $240 million in revenue. Sales for calendar year 2002 are expected to top $400 million.
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