African Discovery Group Inc (AFDG)

[bababooyah]

Tough one to figure out. Sounds like they intend to grow quite larger though.

Currently the business is able to only able to supply 1/50 of its enquiries derived from marketing costs of approximately US$5,000 per month. Thus while vehicle sales have gone sideways, the number of customers in our niche remains substantial.


We believe that our model, which offers a path to car ownership for persons with compromised credit, has potential for significant growth however there is no guarantee that our model will do so. We are currently only able to service a very small fraction of the enquiries that we receive. This is due to the limited number of vehicles that we own presently. We receive about 2,000 queries a month. We are currently only able to supply about 60 cars a month (40 new and 20+ returned cars) with current resources being 1/30th of these enquiries. We would service a greater number of the enquiries we receive if we had greater capital resources to enlarge our rental fleet.