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

Re: None

Thursday, 09/25/2014 1:23:52 PM

Thursday, September 25, 2014 1:23:52 PM

Post# of 123646
Roughly a week of trading left before financials are due. Curious to hear what folks believe MRIB will report in sales for the year. Time for folks to put their money where their mouths are and take a shot at the MRIB numbers. Mine are based on the MRIB numbers already reported. They claimed $130K of inventory and an additional 1383 case shipment. Giving them the benefit of the doubt on their non-audited accounting, I'll give them $330,000 in total gross inventory to sell for the year. At 50% gross margin that's $165,000. At 30% operating margin it looks like the absolute max for the year which is already closed of course, is just shy of $50,000.

That's the max. I'm going to go out on a limb and estimate less than half of that at $25,000 which will be totally wiped out by over $2 million in expenses. Let's see what everyone thinks. Post your MRIB numbers estimates. Should be interesting.