InvestorsHub Logo
Followers 27
Posts 2968
Boards Moderated 0
Alias Born 04/14/2014

Re: VeronicaFox post# 82806

Wednesday, 07/16/2014 12:46:08 PM

Wednesday, July 16, 2014 12:46:08 PM

Post# of 123645
Ok, thanks. So we're talking about a 14% dilution in thirty days. Hmmm. I think the spending money to make money thing is becoming a dangerous rationalization if not a delusional belief that the risk reward is worthwhile. And while companies will issue more stock at times in order to raise needed capital it's not something they really WANT to do. Also, it can't be the only or majority source of income which seems the case here. The big problem here is those 100 plus million shares for the year to date represent the need for an additional $2 million in net sales in order to maintain current PPS levels. That's a truckload and a half of gross sales. That's something like an additional 40 containers annually or 64,000 cases in addition to whatever they're doing now. WOW! This also assumes the company sells no more stock going forward which doesn't seem to fit the trend. The overall picture is getting murkier... at 536M OS they would need to generate over $2 in net, net, net sales to justify a price of $.018. And that profit is a far cry from the $2,500 reported for the first three months and just as far a cry from the $50,000 maximum that can be generated off of the one and only container received this year. I just can't understand how some folks are rationalizing this. The numbers are awful and seemingly totally out of reach. Anyone can sit down with pen and paper and figure this out.

BTW, anyone check out any Costcos lately? I'm curious as to whether they are still on the shelves as I know one store in Southern California no longer had it but they had seen it previously. As I said previously could be good in that they sold out. On the other hand it could have been pulled for lack of sales.