Castle Brands Board (ROX)

[FUNMAN]

ROX-RICHARD-LAMPEN,Pres/CEO,makes-9th-10,000-share-BUY-ADDING-90K or 3.3% to his personal holdings in the last 35 days. These were all open market buys.



https://www.sec.gov/Archives/edgar/data/1047092/000120919119003652/xslF345X03/doc4.xml



Combined with today's investor presentation and the two biggest news items highlighted below, this indicates a significant conviction statement about where he believes ROX is heading.



Here is the investor presentation:


https://www.sec.gov/Archives/edgar/data/1311538/000149315219000633/ex99-1.htm


ROX - 2 GREATEST and Biggest news items in the whole investor presentation:

Jefferson's margins expected to expand significantly over the next two years as new fill bourbon matures and can be used.

OMG I've been talking about the need to do that for over a year. They are actually announcing it's going to happen. We're not going to have to wait 3 or 4 more years. It's going to start within the next two years.




Even huger news:


192 barrels aged at sea per voyage of Ocean !!!!!!!! OMG ... That's up from 180 barrels at sea divided by three different voyages or 60 barrels per ship. That's what Trey told us in an interview with

Watch - Trey Zoeller / Fast Company interview. Trey details that on any given day, there are 180 barrels of Jefferson Ocean aging at sea:
https://www.fastcompany.com/40467876/this-team-is-saving-sharks-and-aging-bourbon-on-the-same-ship


I was hoping to hear this year that there are 240 barrels aging at sea divided by 4 voyages. With three new Ocean Voyages released per year, this is beyond my wildest expectations. That means if they still have 3 voyages at sea at any given time as he said in the interview, there are now 576 barrels aging at sea at any given time per year.

No wonder why OCEAN is Jefferson's number #1 seller. That's going to boost revenues big time.



There is no new case sales news for Knappogue and Clontarf. They are still noting the 46,000 case sales as of March 31, 2018.