Tuesday, August 18, 2009 9:17:20 AM
my take
"Year-to-date, the Company’s subsidiary Graffiti Entertainment launched C.O.R.E., Air Conflicts: Aces of World War II, and Black Sigil: Blade of the Exiled. The games sell for $29.99 retail and the company sells them for $23.50 wholesale. Cost of Goods and other associated costs are approximately $9.50 per unit. Graffiti Entertainment also plans on shipping Jakers! Let’s Explore for PC and Wii(TM) and two Moomin titles for Nintendo DS(TM). Graffiti also has several other titles in development for various platforms that should ship in the fourth quarter of 2009. For 2009, the Company estimates a gross profit between $1,244,145 - $3,028,155 with an EBITDA between $764,145 - $2,548,155. In estimating the revenues for 2009, the SDVI management gave a range with the low end being the very conservative estimates and the high end being an average sales of similar games.
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