![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, August 01, 2014 3:56:58 AM
Yes, which would produce roughly $350,000 in net profit, being generous. That would amount to .0005 with regard to share price spread over 550,000,000 shares. So you see, the amount of sales needed to support any reasonable PPS has to be In the fantasy region just to be sub penny at a 10X multiple. That said, given the max sales can only be 1389 cases and even if I give you 25X your estimate of per store sales, total gross margin revenue is only $145,000. There can't be any more sales than that, period. That's all they've imported. That's 100% sell through which I strongly doubt. Regardless, net profit being generous on that is less than $50,000 or .00007 per share. Bottom line is the stock is less than sub penny by the company's numbers and max sales. These are just facts. To expect anything more than that number is not possible as they haven't got anymore to sell than that. is it is an impossibility for one, the company to be profitable this past quarter and two, to be profitable at any time in the future unless they increase sales by an impossible amount. And here's the big rub, to get that increase they will need a boatload of money and people because with the amount of dilution and current o/s they will need Grey Goose sales numbers to even break even and that's going to take hundreds of millions of dollars that Marani doesn't have nor will they ever have. When it goes super sub penny, they'll go dark and once again walk away from the debt, tax liabilities and default judgments. But the siblings will be another $5 to $10 million richer on your money.
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM