griff100, There's nothing wrong with being negative, but in answer to my question, I don't have to hope the revenues will post in either quarter. I was just wondering which quarter they would post, and how the $50,000 figure was calculated. Of course the revenues are going to post.
It's pretty interesting that the PR included a sales figure at all. I don't recall previous PR's announcing new distributors including sales information. It was probably included because it may have been the single largest order. That's also a useful piece of information if it is accurate.
I also won't categorize the latest quarter as a disappointment. I will only grade it after I see the financial's. As I've said, I expect somewhere between $250,000 - $350,000 in revenues. That's a pretty conservative number based on initial distributors restocking twice, and whichever new distributors were brought on board. I am not including any other sales because I think of them as pretty insignificant to the changes happening at DKAM. I will be quite satisfied with those revenue numbers for the 2nd, 3rd, and 4th month of the product's roll out. Much less and I will definitely consider it a major disappointment. Much more and I will be buying DKAM.
Every week since September when Rheingold was introduced in CT, I see Rheingold being re-stocked on shelves in CT. My questions all along were if retailers who were carrying Rheingold keep re-stocking it, and as the distribution network expands, if re-stocking continues at the new retailers as a trend or if it tails off? That information will generate the ultimate "grade". This isn't going to be subjective.
Right now the only negative on the table is dilution and to what extent it happens. We know about the 30,000,000 in the employee compensation plan, but until we know that was distributed we don't know anything else. I assume some more dilution has happened, but I have no idea other than to base that guess on what happened in the past. It took several years for the dilution to happen to the extent that it did, and it happened during very difficult financial times, spanning numerous missteps by the company.
Revenue and dilution answers will be forthcoming in 6 - 7 weeks.
I will believe my eyes for as long as I see Rheingold being restocked or not. That's all I can be absolutely sure of, and the same goes for everyone else in other parts of the country.
griff100 Share Tuesday, February 01, 2011 12:02:35 PM
Re: FUNMAN818 post# 56076 Post # of 56079
He'll leave you to try to figure that out so you can be hoping for it to show NEXT q...after this disappointment of this one.
Thats how he operates...
