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Re: pained post# 19991

Monday, 11/10/2014 9:33:37 AM

Monday, November 10, 2014 9:33:37 AM

Post# of 76122
pained - as mentioned on an earlier post, this is about selling shares, not the dolls. But if you wish to tie the financial performance of the company with doll sales, here is something to consider. Quality Stocks has stated their latest investor awareness program for OWOO has cost the company $37,500. From the most recent quarterly report, the gross margin, after cost of sales, is about $4 per doll. So just to pay for this most recent promotional effort, the company must sell about 9375 dolls. Putting that into perspective, the total gross sales margin since inception of this company has only been $12,365 - yet the operating expenses over just the last 2 quarters has been over $3 million - this does not include paying down interest expense or other convertible debt. Even with the most optimistic selling out of the alleged 75,000 doll inventory for Christmas, the hole that OWOO has dug for itself is daunting to say the least.