Wednesday, October 07, 2015 2:26:05 PM
While the promise of ending the year eeking out a profit is of course good news, the fact of the matter is based on the company's own math, overall sales are going to be down again for a second consecutive year.
85% of 2014 revenues = ~$12.6 million. We'll round to $13 million to be generous and hope Q4 is better than they expect.
Add the $13 million with the $1 million for 1H 2015, and it's another year not showing revenue growth.
Considering the grand projections following the record year in 2013 of $30 to 50 million in sales by 2015, this is disappointing.
The other raging question here is where in the hell is the active selling of the CAPC brand to generate some stock interest? Is KEI Advisors being asked to do anything at all?
And when I go to Costco, it is nice to see one or two Capstone products on the shelves. But has anyone seen any Hoover/Capstone products anywhere yet?
The ROI here seems to be baffling.
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