InvestorsHub Logo
Followers 53
Posts 10633
Boards Moderated 0
Alias Born 01/21/2011

Re: Elcappy1 post# 69815

Sunday, 03/13/2016 7:04:36 PM

Sunday, March 13, 2016 7:04:36 PM

Post# of 100704
Ahhhh yes, the old "Hindsight Trading" method.

Let's do some REAL math, not some imaginary backward looking math.

Jerry's BS list claims the product is "Retailing in over 1000 locations." We've already proven the list is filled with ice fishing huts, grain silos, and stores that do not carry this swill, but for sake of this example let's pretend Jerry's claim is valid: 1,000 retailers.

The quarterly report claimed $313,116 in total sales. That's $313,116 in 3 months - that's $104,372 per month.

Call it an average of 30 days per month - that's $3,479 in sales per day.

Jerry claims 1,000s of stores, but let's call it 1,000 even. That means, each store sells $3.48 worth of product per day.

LLOLLOLLOL - by Jerry's own numbers, each store sells a can and a half per day, on average.

Sorry, this is a transparent POS scam. Anyone can look back and pick highs and lows, that's easy. But here's the ugly reality: nobody buys this crap.

"Rich people don't buy penny stocks. They're too smart."
-Jordan Belfort, "Wolf of Wall Street"