Greene Concepts Inc (INKW)

[need2win]

HS

Here is a great read for the market for ink

http://news.printcountry.com/2010/04/us-printer-and-printer-cartridge-sales-market-share-and-statistics.html

HP was prediciting first quarter earnings revenue of 6.2 billion for 2010 for printers and ink cartridges. The ink market is big - in the US alone it is over 21 billion dollars. So if Lenny can just tap into 1% of that market share that is 210 million dollars worth of sales and we can all do the rest of the math from here.

If Greene Concepts can sell 4,285,714 units they will reach this sales goal of 210 million at an average selling price of $49.00. Lets figure in an overall Gross Profit of a conservative 30% that is a revenue of 63,000,000 million EBITA. Not bad for a stock trading under a penny right now. In my opinion the GP will be in the area of 40+%.

I personally believe that they can tap into more than 1% of the United States market share. Infomercials are just the beginning, that gets their name out into the market place plus gains them sales, Once retail outlets have it in their stores it will have a greater sales quota. This is all in my opinion but I see a great potential here.

GLTA and GO LKEN