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Re: None

Tuesday, 08/22/2017 11:17:35 PM

Tuesday, August 22, 2017 11:17:35 PM

Post# of 111920
Let's try and look at some numbers here. YTD 2017 the company is at a loss for 1.4MM, possibly 2.6MM if some magical reason this officers compensation comes back. Let's assume year end there would be 4MM in losses at this rate. That means the company would have to make 4MM in profit to break even. How many grinders at what mark up do we have to sell in order to be at par. Let's assume VPOR buys each grinder off EZ Grinder for 20$ cause they made them in China for 5$-10$ . We sell them to distributors for 50$ and sell them individually for 140$ (exaggerated maybe but just thinking out loud) ultimately we need to sell 60k-80K roughly in units to break even. Based on 12K units how does Yaniv plan on pulling this off? I would like to know the margins now that they cleared up a bunch of unexpected information. If he sells 40K grinders by year end and paces for 80K grinders next year, he can actually pull this company out of the hole especially if he pays off the bad debt and doesn't pay himself some exaggerated salary.

Yaniv these are questions I would like answered