InvestorsHub Logo
Followers 146
Posts 11444
Boards Moderated 0
Alias Born 04/29/2012

Re: JustGoDeep post# 70034

Friday, 01/22/2016 11:45:01 AM

Friday, January 22, 2016 11:45:01 AM

Post# of 330351

Based on the number of stores and backing out numbers from financials we can see at LEAST $600 per store sales average



Biel's financials are unaudited so they can be padded to reflect better numbers than actual. So to say there will be $600 per store in sales is pulling something out of thin air on a hope an prayer.

So the company gets 64% profit from sales.



That is a total assumption because the company might be getting 10% profit or even a break even on the manufacture just to get stores to stock the item. That is all unknown quantities.