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Re: carsalesman post# 66590

Monday, 02/01/2016 9:35:37 AM

Monday, February 01, 2016 9:35:37 AM

Post# of 100709
They're in 1000's of stores and selling like crazy. Yet they're losing money hand over fist and cash flow negative. 1000's of stores and a going concern according to the AUDITING firm. So either they're not being reordered at the stores, or not selling much. Of those 1000's of stores carrying, I wonder how much retention there is at the stores. I bet there's not 100% retention which makes the store count pretty inflated. Based on the sales it's a matter of time before the store count is depleted back to a small handful.