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Its time to back up the truck and load up. The company is rolling out a great story here. I can guess the ending. Big profits, Big move up in PPS. Big $$$$$$$$ for all of us.
Looks like we are hitting the ground running in Europe. We seem to have aligned ourselves with the who's who of the distribution world
Big news We are gonna run baby. We are signing major deals
Economy sucks, But the pennies remain hot and resiliant to the rest of the market.
Right you are comeback kid. You must have borrowed that Swami's crystal ball again
Volume means something is brewing. Smart money is buying.
Niche stocks like this have a way of sorting themselves out in all kinds of markets. Up or down they do their own thing. They are not marginable and aren't man- handled by the hedge funds or mutuals. So my hopes are high here. Its the rest of the markets that concern me..
4s woul be cool. The big question is: President Bush was just handed a 700 billion dollar economic package to help the econony. I wonder if it is going to be enough ? I am looking for an indication tonight with the overseas markets.
Monday is going to roar..
Sterling, Is this a ten bagger potential or a twenty. Inquiring minds want to know..
Just my opinion, I am a novice at valuations, but even if I am half right this could trade higher. It doesn't take an analyst to figure that out. LOL My fingers are crossed.
I'll tell ya what I think. Lets call this Costa Rica thing a $1000 per month contract per gym. Thats 12 million annually. I poked around and believe supplements are approximately 45% profit margin to the company at wholesale levels. That could be $5.4 million in profit before taxes and overhead. Lets low ball and say $4million net. Fully diluted if every share was authorized and outstanding 1.5 billion That equates to .00266 in earnings per share. What multiple does supplement companies trade at. This is unbelievable. This is only my opinion. Do your own due diligence. But my lord, this could explode....
Good luck to all
Mick, What do you think of this contract announcement. Are you as excited as we are ??
Hey Sterling . You are right $500K to $2mill per month is huge. So if we take a worse case scenario of $500K per month we are looking at a $6 million per year contract from just Costa Rica. What does this mean for our stock price ? Please advise because I think the valuation could be staggering
I smell a move to the upside. Market makers are jumping around getting ready
Hey Swami , Check that Crystal ball of yours. Tell me my fortune. Do you see .03 to .05 cents bid in my future. LOL. That would be a windfall.
Mick, any idea about Revenue or contracts ???
We need some news on Revenue so we can know what to expect from this company. The potential is huge. I would like to hear about some of their contracts or relationships. Than we can gauge just how high this thing could go.
Thanks Swami, I am watching closely for a big run
Party's over frank.........
I am still researching but so far I like what I am seeing.
Stay tuned... Same Bat Time Same Bat Station.. More to come folks..
We need to research myotrends products and see what kind of profit margins are there. Then we can see the revenue potential. If they are similar to other supplements that are out there then the profit could be over the top. And overhead is next to nothing with E-commerce.
wow, We can make millions on that alone. This is huge
Good thought penny advocate. What is the potential on Red Reef's diabetic line that they speak of ?
I like the ibox update too. I am sure that the company has great results with those revolutionary products too. Athletes need an edge and myotrend is providing it for them
This Myotrend acquisition is huge for RRLB !!!!!
They just hit the ground running in a multi billion dollar industry. Supplements are very profitable and with this acquistion they have a running distribution channel to market their own diabetes drugs too. Brilliant move by Red Reef management. I can't wait to see the revenue unfold
Thats right your belt better be on extra tight. As a matter of fact you should put another truck in the loading dock !!!
Big news today... Been waiting for this confirmation. Back up the truck boys. Its time to load up on this bad boy..
Great News.. The Myotrend acquisiton is done.