I think everyone is doing great DD - once again I will say it "WHO CARES IF RITE AID DOES NOT HAPPEN! The product is good, they (Greene Concepts) are working on marketing the product, Looking for Distribution partners ie internet, infomercials, etc...... Possible retail outlets - where do you think they will get their most value from a drugstore or from a major office supply store? If you were in Lenny's shoes what would you do? How much profit is in it for the company? Walmart dictates what they are going to buy the products for and how much you need to ship to meet their needs, you don't accept their terms don't let the door bump you in your ass when you leave is there attitude! Is that they way it is with all major retailers, no but I know that is the way it is with Walmart. When you think of getting ink cartridges what pops into your mind? I guess I think of a Staples, Office Max, Office Depot before I would think of Rite Aid, Walgreens, CVS or Walmart - JMHO. As far as the past two - three years - yes I believe that Lenny was struggling money has been very tight - loans are hard to come by with out very good credit and banks are not going to give out loans to a company that has not made a profit (Just an assumption) so it left him no other choice to go public - When you are a private company you only have to please the original investors two - three people - when you go public whether you are on Nasdaq, NYSE, or a Pink sheet you have to please every Tom, Dick, and Harry. Get my drift... So once again I ask all of you on this board - if the Rite Aid deal goes to the wayside - is this a bad thing -
1) LKEN - still has the same product
2) LKEN - still has distribution set up and seems to be growing sales
3) LKEN - are they profitable - we will soon find out expectations comming in and around March 15th so we will know soon enough.
4) LKEN - share structure sucks 5 billion or very close to it but still very attainable and manageable - need some more help on this as far as DD - when does all shares become free trading shares?
5) LKEN - I believe in my gut this is going places
If you don't like negative posts on this board then my suggestion is to stop reading this board. This is a public forum an people will post what they believe, some of it is fact the remainder is bullshit so believe what you want to believe. GLTA and GO LKEN!
AI
