Celsius Holdings Inc (CELH)

[Altitrade Partners]

Are you sticking with your forecast of $25-28 million in revenues for 2015?

Do you realize that to hit those number the company would have to post approximately $15-$18 million in additional revenues for Q3 & Q4, or an average of $7.5-$9.0 for each of the next two quarters?

Considering that sales have plateaued for the prior three quarters at around $4.5/4.6 million, that would be a sequential revenue increase of around 70-100 percent for the range you expect.

Seasonality trends usually result in lower sales for Q4 for many beverage companies. Have you factored that into your numbers?

What about the potential supply-chain issues, that such a ramp-up in production might entail?

Have you had any discussions with retailers? Distributors? Suppliers?

What are the processes that you've developed for your forecasting models?

We won't even ask about the $50 million in revenues that you are looking for in FY 2016, as we just don't believe that a forecast that high is even credible.

Don't worry if you can't answer our questions. We'll understand why.