Home > Boards > US Listed > Food - Beverages > Greene Concepts, Inc. (INKW)

I agree with alot of your points.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
need2win Member Profile
 
Followed By 1
Posts 371
Boards Moderated 0
Alias Born 08/28/10
160x600 placeholder
Greene Concepts enters into distribution deal with H2O Artesian Seeking Alpha - 7/20/2021 9:01:08 AM
WNRS Lines Up Licenses And Affiliations In Pursuit Of $200 Billion Sports Betting Market InvestorsHub NewsWire - 6/23/2021 2:55:10 PM
Greene Concepts Becomes New Vendor to Camping World - BE WATER™ to be Distributed and Sold in over 175 Camping World Lo... InvestorsHub NewsWire - 6/2/2021 8:30:00 AM
Greene Concepts Hires Auditing Firm, Slack & Company CPAs, LLC to Audit the Company's Financials in Preparation for Uplist to InvestorsHub NewsWire - 5/5/2021 8:30:00 AM
Greene Concepts adds three more Amazon FBA distribution centers Seeking Alpha - 4/15/2021 11:19:05 AM
Greene Concepts Invites Individual and Institutional Investors and Shareholders to Attend its Real-Time Interactive Presentat... InvestorsHub NewsWire - 3/1/2021 10:10:00 AM
Greene Concepts Details Highlights and Accomplishments from 2019 - 2021 While Continuing Movement Toward Massive Growth and InvestorsHub NewsWire - 2/25/2021 10:35:00 AM
Nightfood, Inc. (OTCQB: NGTF) Picked up by Walmart (NYSE: WMT) InvestorsHub NewsWire - 2/23/2021 6:27:15 AM
Greene Concepts Donates Truckload of BE WATER to Houston Warming Center "Mattress Mack Gallery Furniture" to Help Those Impac... InvestorsHub NewsWire - 2/22/2021 1:15:00 PM
Greene Concepts Addresses Sales to 300 Million Amazon Customers While Be Water Continues to Sell Out in all Distribution Cent... InvestorsHub NewsWire - 2/22/2021 10:56:06 AM
Greene Concepts Advances U.S. Veteran Distributorship in Central Pennsylvania to Initiate Sales of BE WATER to a Statewide InvestorsHub NewsWire - 2/19/2021 1:46:09 PM
Greene Concepts Announces Joint Venture with Lucky Soul Inc. to Produce and Sell A Line of Artesian Water Within All Current ... InvestorsHub NewsWire - 2/12/2021 10:08:59 AM
Greene Concepts Announces its Application to Uplist to the OTCQB Venture Market InvestorsHub NewsWire - 2/10/2021 8:40:00 AM
Greene Concepts Completes $2.875 million Funding Transaction containing Zero dilution to shareholders to be used for Expansion InvestorsHub NewsWire - 2/8/2021 10:10:00 AM
BENZINGA - WSGF Vaycaychella Real Estate Investment App To Accelerate Growth InvestorsHub NewsWire - 2/2/2021 1:14:07 PM
PAOG Could Catch Reddit #BioWar Fever And Breakthrough $0.01 InvestorsHub NewsWire - 2/2/2021 10:40:43 AM
Greene Concepts Finalizing Sales and Marketing Agreement with Upstart Kombucha LLC with Immediate Multi-Channel Distribution InvestorsHub NewsWire - 2/2/2021 10:15:00 AM
Consumer Demand High as Greene Concepts BE WATER Product Quickly Sells Out After First Day on Amazon.com, Plans Underway to InvestorsHub NewsWire - 2/1/2021 9:45:00 AM
Greene Concepts BE WATER Product Online Listing Now Live on Amazon.com and Ready to Receive Nationwide Purchase Orders for the InvestorsHub NewsWire - 1/29/2021 9:49:13 AM
Greene Concepts Prepared to Rise Steadily Through OTC Market Tiers on the Way to NASDAQ for Increased Company Awareness and InvestorsHub NewsWire - 1/27/2021 10:25:00 AM
Greene Concepts Set to Launch "Be Water" Sales to Amazon's 300 Million Customers with Nationwide Delivery to Prime Customers InvestorsHub NewsWire - 1/25/2021 1:35:00 PM
Greene Concepts President & CEO Announces Significant Progress Toward the Company's Long-Term Financial Goals InvestorsHub NewsWire - 1/22/2021 9:08:10 AM
Greene Concepts Owns Unlimited Supply of Fresh Water and Begins Sales for Industrial, Government and Local Economic Use to InvestorsHub NewsWire - 12/1/2020 1:00:00 PM
Greene Concepts, Inc. Initiates Sales of its "BE WATER" Artesian Spring Water Brand Through Walmart, the World's Largest InvestorsHub NewsWire - 11/12/2020 10:30:00 AM
Greene Concepts Updates Shareholders with Details on Elevated Positioning on Amazon.com While Targeting Amazon's 300 Million InvestorsHub NewsWire - 11/9/2020 10:30:00 AM
need2win   Sunday, 02/27/11 10:48:11 PM
Re: gmoneypenny post# 22042
Post # of 121329 
I agree with alot of your points. Now I know Lenny and a few other investors put up some of their own cash to get this company going and to buyout some of these other entities. How much no one may ever know. But as with my company I have had to put my intial investment into it and I have added to that intial investment due to some circumstances that I needed too. Lines of credit only go so far. Remember that Lenny holds a lot of shares, they are still restricted for how long I could not tell you, maybe you can answer that. But it is in his best interest for himself to deliver, and what I mean by deliver is to get this product out of the starting gate and move it towards the finish line as fast as he can. IMO the faster he sets up distribution and creates a buzz the faster he can make a dent into this market. A market worth 30 billion dollars just a mere 1% market share of this market would yield 300 million. Manufacturing costs for this product can not be much more than 10-15 dollars per kit and if they are able to sell it for 49 -59 dollars a kit they are making killer margins. JMO once again don't know but I am assuming, if they are giving the ink away for life then they are able to pay the shipping and handling and are able to recoup the cost of the ink. Just makes since since they really are selling the bottle of ink for 4.95 (shipping per bottle). So for Heartland they just shipped them 5000 units and I believe that they are selling them for 49.99 Lets say Heartland's cut is 20% commission so Heartland is making 10 bucks or 20% Lenny is making 39.99 per unit and lets say for giggles their cost in the product is 14.99 they are making 25 dollars a kit or 62.5% gross margin on this product not bad. So for that one order it just made LKEN 199,500 dollars in sales at a 62.5% gross margin equates to 124,687.5 in gross profit dollars lets say that their overhead and salaries total 40% of that (which is high) that is still leaving 74,812.5 profit on the table for one sale. This is all specualtion and JMO, but It is very atainable. Please post anything good or bad, it can only help us all. GLTY sir and GO LKEN!

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences