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Re: TapePainter post# 80937

Friday, 07/04/2014 1:27:28 PM

Friday, July 04, 2014 1:27:28 PM

Post# of 123646
That's simply not true. Many here are posting forecasts of sales based on as much as 20,000 cases a month. It takes at least two containers a month just to break even if not more. The math is seriously a serious obstacle with this company. The only way it seems you can make it work is to forecast unrealistic sales which many have done and remain euphoric in believing it's possible when it clearly isn't. Let's face it, After all the distributors and sales outlets they claimed to have BEFORE Costco sales were $2,500 after three months with a burn rate of $100K a month. Not a ducky outlook. If you think they can double sales and do another container in the next six months that might be realistic but your share price is going to be .0002. I've done the math. Add another .0002 for every additional container assuming they do not increase expenses or burn rate which is not really possible. Basically you need another 10-15 containers just to meet the monthly nut.