InvestorsHub Logo
Followers 5
Posts 141
Boards Moderated 0
Alias Born 04/03/2014

Re: MonopolyTrader post# 71540

Wednesday, 04/30/2014 9:54:52 PM

Wednesday, April 30, 2014 9:54:52 PM

Post# of 123645
Don't take this a negative towards MRIB, I'm long and that ain't changing, but I do think you or I might be misinterpreting the brazil revenues. Your talking millions per month or even quarter and I think that is incorrect.

The contract is 40million I believe over 5 years, correct me if that is wrong. If that is the case then its more like $550,000 per month at full price. Assuming they are getting the 48% at the retail price then thats cutting the profit down to $260,000 per month. These are minimum contract requirements and still EXCELLENT earnings for a start up. I just wanted to make sure the numbers are correct.

My math;

40,000,000 / 72 months = 550,000 then 48% of that is <> 260,000

So a single quarter's revenues and likely what we'd see 2nd quarter this year will be at least $1,500,000 in sales and about $780,000 in profits before any odd business expenses.

VERY RESPECTABLE NUMBERS and not taking into account any US or other sales or other products.

GO MRIB!!!