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Re: VERAX post# 80962

Saturday, 07/05/2014 4:43:44 PM

Saturday, July 05, 2014 4:43:44 PM

Post# of 123645
Actually the Grey Goose sale was ten years ago. But let's look at that. They were selling 125,000 cases per month when the sale took place. Marani has admittedly (allegedly) sold only 1600+ cases in the last year or so, 133 cases a month or about .001 of the Grey Goose levels. $2 billion x .001 = $2,000,000 valuation in juxtaposition. Share price would be $.004. This is before addressing the $2M in current debt and mounting monthly losses from expenses in excess of sales. Sorry, the math is not fuzzy, it's exact. You can't just say we can get a Grey Goose kind of deal. You have to do what they did and Marani is not even close. Different leagues.

That said, I'm going to say something I've been thinking about. I think this would be a neat little boutique brand and company if it were run correctly and was not public. I would love to see the difference if it were private with principals not paying themselves big salaries and growing it organically without the public company play. I actually think it would be successful. But that's not the case. If anything, Margit and family are the biggest toxic financiers of all. I tried to find out if she's ever put money in but found no evidence of such. Sure she gave up a big portion of accrued salary but hey, she got 35 million shares not mention preferred which we don't even know the terms of.