Castle Brands Board (ROX)

[$oldier Hard]

$ROX has had some pretty positive things happening to it lately Ray.

Just prior to the quarter ending on 31 Dec 5 insiders purchased 302,000 shares in the open market totaling
Beneficial ownership of our common stock
Name and Address of Beneficial Owner Number of
Shares Percent
Phillip Frost, M.D. and related entities (1)
4400 Biscayne Blvd., Suite 1500
Miami, FL 33137 54,088,662 33.5 %
Vector Group Ltd. (2)
4400 Biscayne Blvd., 10 th Floor
Miami, FL 33137 12,893,382 8.0 %
Mark Andrews (3) 5,917,978 3.7 %
John Beaudette (4) 173,746 *
Henry C. Beinstein (5) 300,000 *
John S. Glover (6) 1,702,927 1.0 %
Dr. Richard M. Krasno (7) 75,000 *
Richard J. Lampen (8) 5,713,026 3.5 %
Alejandra Peña (9) 148,750 *
Steven D. Rubin (10) 201,000 *
Alfred J. Small (11) 613,716 *
T. Kelley Spillane (12) 675,846 *
Mark Zeitchick (13) 150,000 *
All directors and executive officers as a group (12 persons) (14) 69,760,651 41.4 %

Castle Brands Inc (ROX) Short Interest Down 6.0% in December
Posted by Donnie Miller on Jan 12th, 2017

Castle Brands Inc (NYSE:ROX) was the target of a significant decline in short interest during the month of December. As of December 30th, there was short interest totaling 992,471 shares, a decline of 6.0% from the December 15th total of 1,055,348 shares. Based on an average daily trading volume, of 251,059 shares, the short-interest ratio is currently 4.0 days. Currently, 1.2% of the company’s stock are short sold.

Now, last years 2nd quarter was a huge quarter and Castle Brands Inc still managed this over last years quarter.
Operating highlights for the quarter ended September 30, 2016:

-- Net sales increased 5.9% to $19.6 million for the second quarter of fiscal 2017, as compared to $18.5 million for the comparable prior-year period.

-- Total gross profit increased 9.5% to $7.7 million, as compared to $7.1 million for the comparable prior-year period.

-- Continued strong growth of Jefferson's bourbons and the Irish whiskies led to a 19.2% increase in whiskey revenues from the comparable prior-year period.

-- In addition to continuing its new fill programs, the Company purchased an additional 1,800 barrels of aged bourbon to support the continued growth of Jefferson's.

-- Goslings Stormy Ginger Beer case sales increased 10.8% to approximately 360,000 cases from approximately 325,000 in the comparable prior-year period.

"Continued strong growth of our more profitable brands, such as Jefferson's and our Irish whiskeys, resulted in solid revenue growth and even greater growth in gross profit. This allowed us to increase income from operations, reduce net loss and increase EBITDA, as adjusted. We expect these trends of increasing sales and improving financial performance to continue over the balance of the fiscal year and beyond," stated Richard J. Lampen, President and Chief Executive Officer of Castle Brands.

Imo the above was a significant quarter and here's why I believe that is true.

In last years annual report they were fractionally GAAP black with that being outstanding and moving in the right direction 2 of their distributors merged making them the largest in North America and then added 2 more distributors for a total of 4.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125533399

Imo because of the merger they weren't re-ordering (mentioned in the q by the CEO as well) and the 2 new ones that popped up in the Sept 8k presentation were just coming online so the 1st quarter was a so-so q but the 2nd q beating last years awesome 2nd q by another 5.9% was great! Also the store that I normally shop at was pretty much Jeffersons poor. Things there have changed dramatically for they are now stocked to the hilt and have been for a couple/few months.

As you know this is historically the best quarter for Castle Brands Inc (ROX) and imo again the recent insider buying should reflect what is coming.

As far as a buyout, yes I think that's coming but down the road after they begin to be black q after q.

As FUNMAN puts it, "The insiders are in it to win it".

G/l my friend and hope ya come back down the road. 17 trading days until the 3rd quarterly report.