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Re: scupscup post# 141618

Tuesday, 07/27/2010 5:17:49 AM

Tuesday, July 27, 2010 5:17:49 AM

Post# of 241040
They have a lot IRRELEVANT of facts, figures and demographics in this PR!

"...120 of its locations initially...

"...servicing approximately 2.5 Million customers per week..."

"...make it one of the world's 20 largest retailers."

"...Progressive's stores account for over 40% grocery market share in New Zealand"


And my ALL TIME FAVORITE:

"Some people forget that the world's population is still growing at the rate of 100 million people per year."

What does that have to do with ANYTHING?!?! Playing the ole number crunching game again, huh Eric?



Eric, how about something more RELEVANT, like
- How big of an order?
- How much revenue does this "sale" generate?
- How many bottles are being shipped, initially?

Oh, I know why...because it really amounts to peanuts!

Seriously, 120 stores with maybe a 100 bottle order each is only 12,000 bottles or $120,000 total. WOW!

I'm sure the S/H costs eat into those proift margins much quicker too. So, does this mean at best, $60,000 in profit? Maybe, more realistically, $40!-$45k!

How much did that lame DRTV launch cost shareholders again?