RushNet Inc (RSHN)

[keynesian]

It was definitely not a projection, this poster tried to pass it off as fact. Look at the post carefully.

Check out the 1st line that says
"Look at what Rushnet has so far in sales"
You call this a projection. ???

A person who knew how to do a forecast, like a Pro-forma sales forcast, would probably also have numbers, facts, expectations... many different scenerios and arguments to justify different outcomes based on the forecast.
Any economist definitely would not include Garden Bev projected sales, and include them as Rushnet's own. Rushnet does not even own Garden Bev, and may not own in the future.



Posted by: mstrength
In reply to: tcl who wrote msg# 15572
Date:8/8/2006 9:48:24 AM
Post #of 15593

Look at what RushNet has so far in Sales

Garden beverages $5,400,000
Gray's Brewery $2,000,000
RushNet Bev's $2,000,000
5%Meritage Bev $300,000?
REVENUE 2006 $9,7000,000

"increase of the book value of RushNet's investment into Meritage by approximately 25%

I inflated theRevenue for Rush and Grays because the acquisition of Garden Beverages also drastically increases sales for RushNet with a 2,000 store base distribution.

Those numbers could be well above that!