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Wednesday, December 30, 2009 10:23:57 AM
The important thing to remember with the estimated number is that these numbers appear to be US Domestic Sales
only, and do not include the international sales. See below screen print of the German "As Seen On TV" website
showing the Zevotek Inc, Ionic Lightbulb.
fun
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Ionic Bulb on Track for $77 Million in Sales First Year
I estimate based on the numbers you guys provided that 14,546 units were sold in the first 33 hours for a total revenue of $290,775.
At this pace sales would be $77,187,423 per year.
290,775/33 x 24 x 365 = 77,187,423.
This is conservative as one would expect the sales volume to increase as the product becomes more well known.
Please refer to earlier post for order numbers provided by customers from late Monday evening until early this morning on the Yahoo ZVTK message board.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_Z/forumview?bn=89033
By the way, this estimate assumes a $19.99 per order sale, however, many of the posters, including myself, have purchased larger orders so the actual sales to date are greater than my estimate.
Sentiment : Strong Buy
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Not compensated in any manner for research and/or posts. Information should be construed as information only for discussion purposes. Always conduct your own dd. Just my opinion
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