Friday, July 18, 2014 7:45:16 AM
So true, buying at $1/share is getting a piece of this company with a value of $250M, which is a steel considering our offer in Nov for $330M!!! (which again, was before the launch of Wellness Juice)
And if the company posts the expected $7.5 mill net profits through Q2 & if there were no more sales through 2014 (which is ridiculous...) a $1/share would give them a P/E of 34.
I however don't only think they will continue sales through the year, I believe they will INCREASE!
With the up and coming Wellness Water kicking off shortly (private label deals are in negotiations as we speak and expectations of national roll-outs to begin in 2015 with sports endorsements in the works as well.)
There's no question Wellness Juice is turning out to be a real success story here, and it's been stated profit margins on the product is between 29% and 31%. We still need to see how well Wellness Water is received in the market place, but considering profit margins on water is often in the THOUSANDS of percent... Should make 2015 a year to remember for GBHD
Exciting times, can't wait for this party to get started
Thai
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