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Saturday, October 18, 2014 5:04:28 PM
"However, it appears that they have become aware of the new product and are interested in placing the product in their stores." QVC and HSN were intended to attract interest. Stores that carried Batter Blaster are ready to carry the new product and are requesting additional flavors and products.
"Recently, Nate’s has been approached about grocery placement for the product. However, the discussions have included a desire to have additional flavors and additional products under the Nate’s Homemade brand."
"NHMD currently has capacity to make 10-12 Million cans a year. As such, we are advising them to reach that capacity as quickly as possible."
At $4 a can, 12 million cans would put revenue at $48million. With a 7 percent profit margin, a 20 PE ratio and current share structure, I put the share price of $1.08. All IMHO.
This is Great News!
Keep your eye on the prize!
http://www.natespancakes.com
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