Goose,
Excellent find. It was not until I did a search of D&B for the owner of Antik Denim, LLC, did I find that Paul Guez was the owner. Your further DD of the Elvis connection confirms my suspicion. The way I read the Azteca production numbers is:
The facility of manufacture, is owned by Paul Guez. Azteca (with his daughter), and he share this (500k/month) capacity. I also read that this production facility was placed a new 1 million square foot building. I can't remember the date of this move at the moment, but will continue to post any DD I find.
What's important about this is: They manufacture and sell thier own goods, which will increase the net profit of every pair they sell. As far as the numbers, it looks like they have a distinct advantage being the actual manufacturer and the net profit will have to be assumed at this point.
Let's just assume they do 30mil in revs the first year. Let's also assume they increase the float to 30mil. Assume they have a 50% profit margin (gross) less 25% of that in operating expenses, etc.
30mil revs minus 50% equals 15mil less 25% operating cost leaves 11.25mil divided by 30mil shares equals .375 cents per share EARNINGS. With a PE of ZERO the stock is worth .375 with a conservative PE of 25 the stock is priced at 9.37 per share. I think these figures and float are reasonable assumtions.
Comments welcome.
Monaco
