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alright ..i can tell when I'm not wanted ....
the only credibility will be when penguin confirms with a phone call
My point is most people just read the active board especially if they are new
This is on a Sticky on top
Hey guys, I posted this last week or two weeks ago now but it was deleted very soon after because the post contained a link, however I've removed it and now it should meet the TOS of this board.
The following are just my personal speculations, which are 1 year targets based on an outstanding shares number of 5 billion vs the 4.6 billion current OS. Whether you agree with this or not is up to you and what you do with this information is also up to you. (The following is my post somewhere else which is the reason for the quote and some of the wording).
Quote:So yesterday you may have noticed that there was a post on the Earnings Potential and Estimates for this company. You may ask yourself what is the minimum we can see if some of these deals do not go through.
(ALL OF THE FOLLOWING ARE VERY CONSERVATIVE TARGETS, AND WHAT I BELIEVE WILL BE MINIMUM AMOUNTS)
*Note how I did all these calculations are shown in this thread http://*******************.com/forum/index.php?/topic/6284-earnings-potential-and-estimates-for-the-company/
**Note: Financial statements used for the following and above calculations can be found here: http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=41160
***Total Annual Expenses will be kept the same as if everything were to go by plan and can be found in the above linked thread
****Net Sales calculated through the following method (as mentioned in previous thread linked above)
Quote:
As many of you already know, a deal with Walmart to sell this product is already under way. The company however also mentioned that 200 other retail chains are being dealt with as well.
These companies MAY include:
- Bestbuy
- Target
- Staples
- Office Depot
- Office Max
- Circuit City <-- I heard its back with a new name in the US???
- Costco
- Sam's Club (Or Walmart, same thing)
- Sears
- And many other chain retail stores out there
The total ink market right now is about $30 billion and growing. If the company can attain even 8% of that total market place, that would mean sales of $2.4 billion per year. Assuming there are no costs/expenses with a PE ratio of 1 times <-- (very unrealistic)
Now lets look at this:
- $46 million in projected first year tv ad campaign sales
- I would say we can get at least that amount from rite aid, so add another $46 million
- If Rite Aid can pull of 46 million, Walmart can ATLEAST if not more, double it in its world wide stores, so lets say 100 million in sales
- On top of that the company is in talk with 200 stores out there. Lets take everything conservative with these guys now. Lets say out of the 200 that they are in talks with, 20 (or 10% of them) are interested and make deals. Now lets say each of those stores (including bestbuy, staples, target, etc.) sells 10 million dollars of kits...not 10 million kits, but 10 million dollars worth of them. This will total another 200 million.
Lets do the totals:
46 million + 46 million + 100 million + 200 million = Nearly 400 million in sales. (rounded figure)
NET SALES = 400 MILLION
Everything goes according to plan with even 10% of the 200 companies sign deals with Greene Concepts: $1.32 as mentioned in yesterday's post. (POSTED BELOW)
Quote:As many of you already know, a deal with Walmart to sell this product is already under way. The company however also mentioned that 200 other retail chains are being dealt with as well.
These companies MAY include:
- Bestbuy
- Target
- Staples
- Office Depot
- Office Max
- Circuit City <-- I heard its back with a new name in the US???
- Costco
- Sam's Club (Or Walmart, same thing)
- Sears
- And many other chain retail stores out there
The total ink market right now is about $30 billion and growing. If the company can attain even 8% of that total market place, that would mean sales of $2.4 billion per year. Assuming there are no costs/expenses with a PE ratio of 1 times <-- (very unrealistic)
Now lets look at this:
- $46 million in projected first year tv ad campaign sales
- I would say we can get at least that amount from rite aid, so add another $46 million
- If Rite Aid can pull of 46 million, Walmart can ATLEAST if not more, double it in its world wide stores, so lets say 100 million in sales
- On top of that the company is in talk with 200 stores out there. Lets take everything conservative with these guys now. Lets say out of the 200 that they are in talks with, 20 (or 10% of them) are interested and make deals. Now lets say each of those stores (including bestbuy, staples, target, etc.) sells 10 million dollars of kits...not 10 million kits, but 10 million dollars worth of them. This will total another 200 million.
Lets do the totals:
46 + 46 + 100 + 200 = Nearly 400 million in sales. (rounded figure)
NET SALES = 400 MILLION
Now, the cost for Greene Concepts based off their latest quarterly earnings: http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=41160
If you divide cost of goods sold by revenue, you will see that the cost to make this product is only 15% of it's selling price. Also keep in mind that this is with a very low volume of sales (ONLY $22 600). Factor in Economies of Scale raising that $22 600 to just the Direct tv ad alone amount of $46 million should bring down the cost per item to only 10% of the total selling price:
So lets do a little bit more math now:
$400 million - ($400 million * 0.10) = 360 million.
GROSS PROFIT = $360 MILLION
Now that we got gross profit, lets take in to affect expenses
Amortization: NOT really anything the company is paying
Auto and Truck: Fixed Cost
Bank Charges: Fixed Cost
Corporate Costs: Fixed costs
Depreciation: Not really something the company is paying
Dues and Subscriptions: Variable cost
Insurance: Variable Cost
Interest Expense: Variable cost
Marketing and Promotion: Variable cost
Office Expense: Variable Cost
Professional Fees: Variable Cost
Rent: Variable Cost
Taxes and Licences: Fixed Cost
Telephone: Fixed Cost
Travel and Entertainment: Variable Cost
Utilities: Variable
So now lets say with the expansion of this company, all the variable costs are 10 times more! Sound Reasonable?
This would be how the expenses look like:
Auto and Truck: $503
Bank Charges: $818
Corporate Costs: $5 384
Dues and Subscriptions: $15 650
Insurance: $1 810
Interest Expense: $4 540
Marketing and Promotion: $6 343 000 (Let's multiply this one by 1000 since we know there will be a lot of marketing etc.)
Office Expense: $24 830
Professional Fees: $77 980
Rent: $51 860
Taxes and Licences: $74 090
Telephone: $884
Travel and Entertainment: $48 770
Utilities: $4 970
Total Expenses: $6 655 089
Keep in mind these are quarterly expenses, so multiply this by 4 and get full year expenses of: $26 620 356, for the sake of being conservative lets round this to $30 million.
TOTAL ANNUAL EXPENSES = $30 MILLION
So Gross profit of $360 million - 30 million in expense = $330 million in net income.
NET INCOME = $330 MILLION
TOTAL SHARES = 5 000 000 000
EPS (EARNINGS PER SHARE) = $0.066
Assuming a PE (Price to earnings) ratio of 20 times (Due to a lot of potential growth etc.) This again is conservative.
Price Per Share = $1.32
This in my opinion is all conservative, and the price should be well above that, and my target for this is the end of the Fiscal Year.
Walmart deal does not work out:
Net sales = $300 million
Cost of Goods sold (10% of net sales based on reported financial statements) = $30 million
Gross Profit = $270 million
Total Annual Expenses (Let's keep it the same throughout, it just makes the figures even more conservative) = $30 million
Net Income = $240 million
Total shares = 5 000 000 000
EPS = 240 000 000 ÷ 5 000 000 000 = $0.048
Projected PE (Price to Earnings) ratio: 20 times
PPS = $0.96
Rite Aid becomes the only one of 200 retailers undergoing negotiations to accept
Net sales = $100 million
Cost of Goods sold (10% of net sales based on reported financial statements) = $10 million
Gross Profit = $90 million
Total Annual Expenses = $30 million
Net Income = $60 million
Total shares = 5 000 000 000
EPS = 60 000 000 ÷ 5 000 000 000 = $0.012
Projected PE (Price to Earnings) ratio: 20 times
PPS = $0.24
No deals go through and only sales from Direct Tv Advertisements occur
*Note Cost of goods sold is calculated on a 15% of net sales basis under this method due to the effect of "Economies of Scale" not coming into play
Net sales = $46 million
Cost of Goods sold (15% of net sales based on reported financial statements) = $6.9 million
Gross Profit = $39.1 million
Total Annual Expenses = $30 million
Net Income = $9.1 million
Total shares = 5 000 000 000
EPS = 9 100 000 ÷ 5 000 000 000 = $0.00182
Projected PE (Price to Earnings) ratio: 20 times
PPS = $0.0364
The total annual expenses for at least the "Direct Tv Advertisement ONLY" method are fairly exaggerated and should be far less than that.
]So As you can see from these calculations, the stock is EXTREMELY undervalued at this price and even if none of the projected deals go through, this stock shouldn't be trading at less than $0.0364 which is fairly close to its 52 week high of $0.038[/size]
]My Recommendation: BUY!!
I've surely invested all my available funds into this[/size][/color]
Good Luck,
***************s
It has been posted on a sticky for some time now
I have proven my point
Research has shown that more people
stay focused and more
interested when things are broken down into parts then one
huge long story
As many of you already know, a deal with Walmart to sell this product is already under way. The company however also mentioned that 200 other retail chains are being dealt with as well.
These companies MAY include:
- Bestbuy
- Target
- Staples
- Office Depot
- Office Max
- Circuit City <-- I heard its back with a new name in the US???
- Costco
- Sam's Club (Or Walmart, same thing)
- Sears
- And many other chain retail stores out there
The total ink market right now is about $30 billion and growing. If the company can attain even 8% of that total market place, that would mean sales of $2.4 billion per year. Assuming there are no costs/expenses with a PE ratio of 1 times <-- (very unrealistic)
Not many other pinks that offer a dividend to try and stop the flippin of thier stock and get true investors
LKEN->->-> WAlmart
IMO bouncing from lows @ .0019
Don't miss the fun this time
LKEN->->-> WAlmart
IMO bouncing from lows @ .0019
Don't miss the fun this time
Sorry I must have missed it......You were with me on the ride up in MSLP.....right? I rode that from .057 to .11 ----made a few grand
I am pretty confident its not going to be a funeral by judging how Stuart spoke very highly of Lenny
is there going to be follow up news?
Are we gonna make some Money this week?
I say Yes!
Thank you
or is it a funeral
So......I am new here and no-one has even welcomed me to the party
Sometimes you have to break things down to grab others attention
Thats what makes this exciting....the guessing game- if it was all down on paper and they were around for 10 years.....NONE of us would be here
So with just the Rite Aid Deal we are still under-valued....
Can each of their stores sell 100 kits in a year?
What about Rite Aid?
Oh ok I found it $46,000,000 for DRTV
LKEN execs, in discussion with production and sales partners, have finalized projections for its forthcoming DRTV (Direct Response Television) campaign for FreeInk4Life™ and are confident the campaign will result in over $46,000,000.00 in sales over the next year.
So does anyone know how much this Co. projects its sales to be with all the current rollouts coming up? Rite Aid, Walmart, Direct Tv, MLM, Fingerhut
What am I missing?
I'm not sure but it has been a few months since the first meeting. Does anyone know how long a Co. would take to make a desicion
Penguin should be calling to verify tomorrow that I'm not a BS artist
I never said any deals were going down.....what I said was I was told that Lenny was down in Florida for a meeting with Tiger in the fall
Did everyone have a nice day today?....Great I'm looking forward to a GREEN week.
How has everyone been getting new investors over to this board and make them realize the little gem we have here?
I cannot lie....I am looking back and wondering how high this will go
Lets get back up to a quarter now
what will Monday Bring?
Thanks 4 reminding me...I was in the mood for a beer a few hours ago...It's been a long day and I need one now
Cheers \_/
Has this video of Lenny been shown before?
http://video.google.com/videoplay?docid=6944460523103654212&pr=goog-sl#
Greene was the founder and CEO of Comservco U.S.A, Inc.
His other Company that he sold is privately owned
I know where your coming from with the not believing part especially when most people Are losing on this right now .
I gave the # to penguin but he said he wasn't going to call him until Monday.
Stuart is a real nice guy but he can talk forever.
He is going to call Lenny to see whats going on in a few days
I know what I believe and I guess thats whats most important
Has anyone on this board talked to Lenny?