Another Lebed email: Sounds good! DRGP is a $0.06 stock with only 84MM shares outstanding and a $5MM market cap.
DRGP generated $12.7MM in revenues during the most recent nine months and will most likely end 2007 with about $20MM in revenues.
Most of DRGP's 2007 revenues are from their ProCede hair thickening system for men (www.procede.com).
In late August, DRGP launched Riddex Plus, a device that uses patented Digital Pulse Technology, powered by a Motorola Freescale Microprocessor, to create an irritating environment for pests inside your walls, chasing them away from your house while preventing future pests from entering. 100% safe and cruelty-free (www.riddexplus.com).
DRGP generated $2MM in revenues from Riddex Plus in just the first two months of sales. In 2008, we will have a full year of Riddex Plus sales!
DRGP expects their biggest revenue generator in 2008 to be their exclusive NASCAR Members Club package (www.nasclub.com).
DRGP spent the recent months testing their NASCAR sales program and re-designing the package to deliver exactly what the NASCAR fan wants. DRGP is now ready to begin an aggressive marketing strategy.
DRGP believes they can generate $25MM in sales from their NASCAR Members Club package in 2008! At a cost of $199 per NASCAR membership, DRGP will only need to sell about 125,000 memberships next year or a little over 10,000 per month to reach this goal. This should be easy, considering there are over 75 million NASCAR fans that purchase more than $2.1 billion in annual licensed product sales.
With ProCede, Riddex Plus and NASCAR... I believe DRGP could potentially generate $50MM in total revenues next year! With $50MM in revenues, a price/sales ratio of 2 would value DRGP at $1.19 per share!
Of course, it is possible there could be more shares outstanding one year from now. But considering the company reached operating profitability last quarter, I very much doubt we will see much dilution.
AI
