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Tuesday, April 15, 2014 12:12:12 PM
The COO announced publicly that he expects to sell 1-2 million units this Fiscal/Calendar year? When/where's that at? I'd like to read/watch that PR/Video..
Reading into a company's past (I know it's new management and recent)
imo is extremely important...Looking into the future requires an understanding on where a company has been.... imo :)
For a company that has been losing sales or not getting sales (however it's going) consistently with at least a 10% drop annually to have it's COO come out and just tell the public:
"We're not only going to reverse the trend of our consistent annual losses, but we're going to sell more units in a month ($833,333 assuming they make 10mil) than this company has made is [annually]years".
That seems like an unrealistic goal given the companies current circumstances - even though they have PLENTY of dough to hold them over for at least the next 12 months it appears. Unless I'm reading something wrong or messin' up some math which is HIGHLY probable lmao :)
Where are these projections coming from? Does he have some data we can look at? It would be greatly appreciated if I could be pointed in the direction of this data - I can't find it myself atm.
Thanks for the hearty and quick response! Cheers!
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