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Re: LarryBear40 post# 28816

Wednesday, 07/26/2017 12:07:07 PM

Wednesday, July 26, 2017 12:07:07 PM

Post# of 48522
I don't disagree with your assessment, however, since there are so many different aspects to Buzzy’s business and adding more entities as we speak and each with very different margins it’s difficult at best to value. Don’t get me wrong, it’s not a bad problem to have, I’m just excited to see improved quarter-over-quarter revenues and expect the same this quarter as well. smile Anyway, I used the following for my numbers: “In May 2015, the profit margin for companies in the food and beverage sector ranged from -24.1% to 24%.

Now, my numbers are pure speculation and for fun only though they definitely show how close we are and a pathway to penny land. Remember also, Fernhill’s Beverage revenues improved last quarter by some 200% to 300%; and who knows, while we are speculating, VGID may surprise to the upside too. smile