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Re: Penny Dreamer post# 490

Wednesday, 05/26/2004 4:24:24 PM

Wednesday, May 26, 2004 4:24:24 PM

Post# of 843
Hi Kim...yes, I've spoken to Marge once in the past. That call told me that she isn't one that will ever give you anything. No juicy tidbits, no innuendos, nor any company spin doctoring. Nada that isn't out there to see. Regarding the retailers listed on the website: It is asinine to suggest that almost 60%, of the 68, wouldn't have the product on the floor. That bothers me big time. We push product to the floor immediately upon receipt of it. Even if it was only purchased for a big advertised sale that is still way down the line. It's all about sales, ie: turns, in the retail business. I'm hoping that the lack of more than 28 retailers on their website is more due to their lack of focus on updating the site. Also, assuming they don't have the expertise on site, which I'm sure they don't, it takes money to have a webmaster update. It could be that they are just being frugal with assets on hand. Even though we know they are cash-strapped, they probably would be remise in saying it aloud. It's a possibility.
Regarding the shares: The 10Q stated " Subsequent to March 31, 2004 and through May 6, 2004 the Company has issued 10,800,000 common shares in exchange for $270,000." Could there be a financier in this scenario? Could it be the shares are tucked away, not hitting the open market? All this behind the scenes, as you suggest. I just don't know. Believe it or not, the product not being on the shelves of the listed retailers bothers me more. I just don't have the time, or inclination, to call all 68 of them. Maybe we could divvy that up between 10 or 12 of us. That would make it more manageable. Let's not include Jeffie though..:)
Regarding venting: Sure, you can vent and yell (softly) anytime the yen arises. I can only hope the market gets a tad better...for my sake :)
Take care Kim,
Frank


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