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Re: Dragnet post# 72665

Thursday, 05/26/2016 9:47:58 PM

Thursday, May 26, 2016 9:47:58 PM

Post# of 100671
Here's a bit MORE truth: this crap sells less than ONE CAN PER STORE PER DAY.

That's a GENEROUS calculation too, btw - using Jerry's own numbers and cutting his exaggerated store count by 25%

Follow along:

According to the "Official" site, Jerry now sells his swill in "Over 2000 stores."

Now that seems wildly exaggerated, so lets call it 1,500 - a decent increase from the last claim of over 1,000 stores. After all.. that's what everyone's been saying, right? Lots of new stores, lots of new distribution? So, I'll be conservative and call it 1,500 stores

Sales for the quarter ending March '16 totaled $157,138 according to Jerry's own financials.

There were 90 days in the quarter.

Now, the rest is easy: Jerry sold $157,138 worth of swill in 90 days. That's $1,745.98 in sales per day.

Those $1,745.98 in daily sales were spread out over 1,500 stores. That means, each store sold an average of $1.16 worth of this crap per day.

That's less than ONE CAN PER DAY.

Yea, I bet the big box retails won't be able to WAIT once they see THOSE sales figures!!!

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