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Re: Fizzman post# 80302

Monday, 06/30/2014 3:44:16 AM

Monday, June 30, 2014 3:44:16 AM

Post# of 123645
They've shipped 1600 cases in a year. How can you possibly talk about 10 times that volume? And I'm going to bet their sell through is less than 10%. You guys are dreaming. Six containers a month? A little too much Marani while doing the DD. Bottom line is you have to look at what they've done not what you wish they could do. Facts are facts and numbers don't lie. Six containers a month is just not going to happen. You're putting them in a league wth the like of Grey Goose and Smirnoff. They have like four employees and no capital. You're being unrealistic. Even the company doesn't claim to be able to meet the numbers you're proposing. The problem is that even the numbers being presented by the company suggest a company that will soon be insolvent. It's the dreaming and wild forecasts by investors that keep it going. All that time, management is somehow financing themselves wich is the real concern here. 1600 cases can't pay the bills but that's all they have. By multiplying that supply without support or confirmation you only perpetuate a potential fraud. Where is the next shipment? I've checked the shipping logs and there's nothing coming. To average six containers a month I'd think you'd need to start shipping more than one container a year. And I'm not going to give the company the benefit of the doubt anymore. 1600 cases is $217,000. Expenses are at least double that. That makes the stock worth $0. Just a matter of time as to when they do what they did five years ago and close the doors. The zero cost holders will be out and a whole bunch of you will be holding worthless stock in a company that failed once and will have failed again for the very same reasons. And the sad part is it was totally intentional both times.