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That's what makes a market!
Look at their break-even number, say that number out loud, and get back to me.
I've turned into a realist...they won't be "self-sustaining" in 2013. Maybe 2014, but not this year.
Probably the reason Brian was quiet on that front too. The market strategy will take money and right now their cash flow statement points to "other" ways to fund it.
I'm as big a homer here as anyone, of course I listened to the call. It was absent of financial substance.
If that's what you want to call it. Detail on product movement, repeat sales, product specific sales. I guess I should be happy with the allusion to the April rev's.
Even I must agree on this one. They probably didn't sell much of anything in Europe last quarter so please spare me the qtr over qtr bit.
I'd rather see a legit mid-qtr financial update on the overall company.
I like the more product specific golf bag carried by Tiger.
That's where an update on the current qtr would do a world of good. I suspect that product is moving and that the roll-out with WG's is going well, but that's a pure guess on anyone's part.
Not really sure anyone is stunned...if we don't get $120-$200k in rev this qtr I'll be stunned.
I was certainly hoping for $30-$40k more in sales last qtr. maybe we get some clarity on how this qtr is progressing in the next couple of days. The bar will be raised for these guys to produce. Last quarter was officially their last pass!
There seriously haven't been many quarters to even get a gauge on things yet.
I said six figures on qtrly sales and I'll stick to that. We should clear $40K easily and agree with most that this quarter will be the one where we see the big jump. Maybe a little clarity on how this quarter is going would be nice.
The book value of that bag sponsorship just jumped again!
Your post means what? I fail to find the reason you took the time.
Everyone has different risk tolerance levels, and knowledge of the situation. It's all good.
Great success story. Fuse has a few deep-pocket friends who love their story. They will succeed.
There will be a convenient store within the next 6-9 months. I'd put money on Circle K (U.S.) before 7-11. The path to completion would be much easier for them as they still struggle to meet production targets. Several tweaks to packaging, and lot size will take place before that happens.
It would only make sense that the number of orders via the Fuse website will begin to diminish as other distribution outlets come on-line.
I don't consider my expectations to be too high, but do see revenue topping $100k. I was among the most pessimistic the previous qtr.
I actually like it. Different people, different tastes.
Slow and steady is preferable.
I placed an order for Powerfuse through Drugstore.com earlier this morning. This was my first re-purchase of the product.
News released?
This is the exact area where DJ can bring value to Fuse. He's very well connected.
I'm not their accountant. We took stabs at guessing their revenue numbers the previous quarter and apparently Bgrass feels we'll see $50k in revenue last qtr. I believe we'll at least double that. The current quarter is the one I'll get really excited about.
Sales will top $120k
Mid-May
Very true. The subsequent quarters should start painting a very nice financial picture. I'm simply looking for a double or triple in revenue growth next month. Very realistic.
I'm eager to see the quarterly revenue results. We are within a month of the release and I envision a much more optimistic quarter. I was among the posters who said that previous quarter's revenue would be on the lighter side but see that trend rapidly changing. Very excited!
Agreed. I'll take DJ at his word until he proves otherwise. I like what he's done and is doing.
I'm fortunate that I'm not in a financial position to need the excess funds right now. This certainly allows for a more calculated/measured approach to buying with longer target dates in focus.
I use a confirmed account with S-trade for such times. The funds are available in 20 minutes.
Nibbled yesterday and again this morning.
Thestreet.com! I'm surprised that they're still around. They will say about anything for subscriber growth. I sampled them about 9 years ago.
Good volume! 1.2 million shares traded in the first 45 minutes.
A Walgreens announcement would without doubt be the biggest news in the company history (product releases aside). 10 cents isn't out of the question this week.
I wasn't drawing that conclusion. That's what the board seems to be reporting. Didn't we have someone drive all day yesterday to give us video proof? I thought that was in Augusta?
I'm 2,500 miles from there. There's nothing in Pasadena.
In and around Augusta