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Thursday, August 06, 2009 2:24:08 AM
I won't waver one bit. $30 - $50 million in Michigan alone. We're sitting on $100-$200 million in sales easily. What does it say above the valuation of Kid Rock Beer is? $50 a case? And that was on a $2 million first year sales basis. Psst! beer with a brewery commands five times that.
Let me see...hmmmm. Didn't PK say he was building a "Billion dollar company?" So, $200 million in sales is 20 million cases. What's that times $50 a case for the hottest beer in years?
Don't all answer at once.
Now you know why the price is trapped. Why not. Only way to get as many shares as possible without running the price up. We know how it works. Hedge funds pay boatloads to get information about sales going from $3 million to $200 million almost overnight. There's that "overnight" again.
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