Growers Direct Coffee Co. Inc. (fka GWDCQ)

[stocktiger]

All looks good though some confused

Some thought the the Revenues reported recently were sales but they are not - as they only report revenues as the money comes in and not as sales are made or shipped.


The CFPC revenues are not the sales they have made but the money that was received in the first quarter.

In the March 31 report of 2006 the money received was from the sales made in the 6 months prior so last year's first quarter report was large revenues but it was for sales of 6 months. This was due to agreements as to when buyers had to pay so the first quarter of 2006 looked like a big quarter of sales but actually it was a slow sales quarter but was a good one for actually receiving the money.

In the last quarter of 2006 there were custom delays on some large deliveries so those payments are now coming in and will show up in the next report. Sales have not slowed - they have increased but the timing of the payments received (and they only show real received money as revenue) was such that it did not show last quarter.

This next quarter will also start to show some of the revenues from sales from Jamaican and Ethiopian coffees and much more in the quarter after that as the sales being made now are delivered and money is received.

I understand that sales are very good now and as the press release said they will also now increase their buys which means even more sales. All is on track for a great year.