A close above $.26 today would be extremely bullish. I was expecting a stronger upward movement today on the "Price is Right" news, but as has been mentioned previously, slow and steady daily gains are certainly better than volatile peaks and valleys.
I've prompted the company for more clarification on the County Imports deal. Apparently the owner wanted to spend more time with his family and turned operations over to SNWT because he knew that they were some of the most knowledgable and capable folks in the industry. Another big part of his decision, I'm sure, was his confidence in their ability to improve sales from already solid levels.
I'm attempting to learn more about the finanical details as well as how CI gets integrated into the San West corporate structure. From what I can gather thus far, a percentage of sales will be shared with Jesse (the old CI owner) and CI is now a full fledged part of San West/Buggy World. While the sales certainly appear to be going swimingly, I think that communication from the company that outlines more of the deal's specifics is in order.
The Mega-Mall concept is ingenious and management seems dedicated to brining a diverse collection of motorized vehicles - not just off-road buggies and bikes - to the Buggy World location. They are located in one of the biggest markets for these products in the nation and the recent economic downturn has forced many smaller dealers out of business and many others are looking to sell out or partner up to stay afloat. So, in addition to being located in a prime market, SNWT also benefits from a very favorable business climate.
Bryan is also an authority on off-road vehicles and widely accalimed as a buggy guru. I would imagine that him designing his own vehicle would create a great deal of fan fare and could also provide a new and lucrative income stream for San West.
