InvestorsHub Logo
Followers 274
Posts 32167
Boards Moderated 0
Alias Born 02/14/2014

Re: mckinley1 post# 61988

Wednesday, 03/11/2015 7:10:25 AM

Wednesday, March 11, 2015 7:10:25 AM

Post# of 111920
I am very interested to see the q4 results with the apparent increase in distribution and retail store presence. They are now in Colorado, California from another posters first hand account and in ShopRite grocery stores in NJ

this seems to be in addition to the distribution they had in place for Q3 sales when they did $1.3M net revs, $878k gross profit, not to mention a net loss of ($183k)

Not out of the realm for them to pull a profit in Q4, if not Q1 should actually have net income and substantial increase in revenues so things could get interesting even with 3B O/S

If Q4 and more importantly Q1 can show a good turn on inventory and a decrease in DSO (Day sales outstanding which is reflection on AR collections) with of course a reduction in debt this could see a massive run into the summer as they will have a clean balance sheet and be profitable not many OTC companies can say that.