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Re: fatbacker post# 39003

Saturday, 08/19/2006 1:39:02 PM

Saturday, August 19, 2006 1:39:02 PM

Post# of 203990
fatbacker, all said is well and good, but you must not have read my post correctly. I was not stating that they should fund their entire construction through higher prices. None of us could stand to wait that long for the profits to finally come in and the pps to rise.
They stated that beyond the building there would be other costs involved totaling around 15 million including the building. My suggestion was to increase the cost to offset some of these additional expenses. I have no problem with them borrowing the money for anything they do, but realistic business sense would dictate a high demand and limited supply. Look at the prices of drugs that originally come to market after they have spent many millions in r&d. (By the way, this company spent nothing in research and developemnt - they only purchased the rights to manufacture and distribute from the Nigerians so that whole bit about all they have spent on r & d is a crock) Look at what the flat panel and the hd tvs cost originally. They were outrageous. Why, because they were new and if you wanted one, you paid for the new technology. The price is less than a quarter of what they were. Same thing applies here. Get whatever you can up front to cover your expenses as quickly as you can. Try to get into the plus side as soon as possible. If they don't buy them at the high prices, lower until they do. Supply and demand is the backbone of profit. Call it greed if you choose.
You say it has taken years, when in fact they didn't even get into the Nicosan very long ago comapred to how long they have been making bad deals elsewhere and nothing they have ever spent years in r & d have done anything.

I'm all for the loan and believe it is on it's way. They should still charge a little more than they are as they have a lot of loans outstandin at this time and could even use the dollar or two per bottle to release those outstanding loans.
Bottom line is they are charging too little for something in such high demand and they should charge accordingly until their new plant is fully operational and profitable!



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