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Re: Lurker from Mars post# 182909

Wednesday, 04/14/2010 3:57:04 PM

Wednesday, April 14, 2010 3:57:04 PM

Post# of 202893
I agree on 2010 being a great year for EI revenue. Matthews all by itself has entered into an agreement to buy 2000 caskets per year.

The specific number of products that Matthews will repurchase from the Company during a contract year per quarter is:
a. 62 Star Trek Urns (plus an additional 2 units in the fourth quarter);
b. 180 Vatican Observatory Urns;
c. 50 Vatican Observatory bronze memorial pieces; and
d. 500 Vatican Observatory caskets

There are some that will say the gross revenues from this deal don't count due to "accounting" practices because the inventory does not change hands...so all we will see reported for revenue is the net profit. IDK...But I would be pleased with $100 net profit per casket. Not to mention all of the other stuff.

Peeps who spend "all" of their time looking in the "rear view mirror" are going to miss the boat...IMO

JMO

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