Greene Concepts Inc (INKW)

[need2win]

Ruffle

Lets do a little quick math and be on the conservative side

4700 stores each store places an intial order of 10 units since the info on line says you can order these for 40 dollars lets take a conservative approach and say their selling price to Distributors is 30 dollars for round numbers this would give the stores a 25 percent gross margin which is acceptable in most chain stores so here is my math please help me or correct me if someone else sees something different:

4700 stores x 10 units (intial order) x $30 dollars (Greene Selling Price) = 1,410,000 dollars on their first intial order, now being conservative lets say these do not fly off the shelfs but each store averages 30 units a month

4700 x 30 units x $30 = 4,230,000 per month

Annually = $50,760,000 in total sales dollars for Greene Concepts

Note this is just Rite Aids projections + TV sales of 46, million

These numbers are only going to go up

If they can produce l million units a month and sell 1 million units per month

30 million in sales each month or 360 million per year not too shaby they might need to expand really quick if this takes off

360 million is less than 2% of the total market share

Printer Cartridges Online revealed that there is an average of $21 billion sales for printer cartridges in the United States alone. HP, the world’s largest major provider of printer and ink cartridges was able to predict revenue of $6.2 billion for the first quarter of 2010. This was according to Scott Ferguson’s article published via eWeek. But among all types of printer cartridges, inkjet cartridge sales are growing in number. This is basically because around 7 out of 10 printers sold in the market today are inkjet printers.

Here is the link where I got this data
http://news.printcountry.com/2010/04/us-printer-and-printer-cartridge-sales-market-share-and-statistics.html

This has places to go and I can only see it going up from here - I am not a pumper just an investor that likes to make money - do your own DD and GLTA GO LKEN