Castle Brands Board (ROX)

[FUNMAN]

I'm not sure I get where you are going with your thoughts.

Right now our Market Cap is $224,000,000; down about 20% from our peak.

ROX needs a sustainable expansion of its core repeat customers. That's happening as we speak. It's one of the reasons sales growth is accelerating. New customers are joining the "ever-growing" loyal base every day.

Just keeping up with what they are doing should extend revenues to $100 million in fiscal 2017.

The inflection point they have to pass is when growth happens faster than increases in marketing and selling expenses. Right now the cost of our growth is a wash with our growth.

ROX will overcome that with scale but it may take a few more years.

The point made in the investor presentation is, a large suitor that already has the scale would be able to absorb all of ROX's brands and be immediately accretive to their bottom line.

There's no telling right now where the tipping point is.

A larger suitor has already passed their inflection point. They might immediately see a 50% or better gross profit because they can erase much of ROX's infrastructure.

We're waiting for Frost et. al. to make the bait look prettier. It's happening. We just have to be patient.