Thursday, February 03, 2011 1:13:06 PM
I cannot argue with your math. I just disagree with where we will learn their profit margin will end up (plus or minus 20% - 40%). I also believe that unless management is as-dumb-as-a-stump-of-a-tree, they will learn to contain their expenses. That is if they are motivated to become a real company.
Otherwise they'll never attract the private investor(s) they need to put Rheingold on the "marketing map", never see the share price climb, and never find new board of director members who have run other companies and presently sit on other boards.
I have invested elsewhere in cheap OTC stocks where that's exactly what happened. I remain hopeful with Rheingold "selling", management can get serious about the opportunity sitting in their lap.
They've managed to do something very real at the moment; introducing a product and selling a lot of it in several states, with more sales and states scheduled to come on board shortly.
They're going to report a sizeable increase in revenues this coming quarter. If they can continue to sequentially do that, DKAM may have a real opportunity to build share holder value. I would like to see them do that.
Spartak,
LOL ... that's a VERY funny line.
"Good luck to all longs, because they will most likely meet the fate of dinosaurs."
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