Tiny float, market cap, just turned an operating income last quarter for the first time, trades barely above book value, and in is an industry known to benefit from recessions....
(1) In the 4 quarters, VBDG has gone from a -$3.8 million net loss Q4 2007 to Q3 2008 being near break-even (with positive operating income) and retail sales alone up around 60%+ last quarter, massively outpacing other retailers poor results because VBDG's products in part due to their products being cheap & money-saving (see item #5 and watch the youtube clips!!)
(2) During Q4, their products were selling out completely with huge restock orders at Wal-mart, Sears, Best Buy, Staples, Walgreens, Bed Bath & Beyond, etc. One product (MyPlace) was the #1 best selling product across the Bed Bath & Beyond chain during Thanksgiving (black Friday) weekend. <~~see the recent press releases and check with your local stores. Very easy to verify all of this information. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33959355
(7) Looking into early 2009, they are launching a ton of new products to layer ontop of the current ones. Some of these include a celebrity heated Ice Scraper (already launched during Q4), three new styles of MyPlace products, Nice Dicer, Genius Air, Ecoballs, Detect, further expansion of SteamBuddy & MyPlace to restock the massive sales of these during Q4, and a number of other products yet to be announced.....a rather busy list of new products to all hit all of the major retail chains upon launch layered ontop of their current product success. Genius Air: http://www.buygeniusair.com Ecoballs: http://www.ecowasherballs.com Nicer Dicer: http://www.thenicerdicer.com
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