Tuesday, November 04, 2008 9:06:12 AM
Also, since most missed it. The company forecasted $1.4 mil in sales for 2003, at $4.99 a six pack as was publicized then, that is 70000 cases a year. Kenny already told people beer transacts at $250 a case; $500 a case if there is a brewery.
At $250 a case, Rheingold's value WAS $17,500,000. At $3 mil under an icon, it is $37,500,000. As the official beer of the Mets or the Yankees, it doubles again to $75 million or more.
Not a bad buy for $5 million. Anheuser Busch had the vision. So did Kenny. That's why we still own it.
2009, ain't she a purty thing?
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