Wednesday, March 02, 2011 4:35:29 PM
He has to put up on the stock reduction. BGNN would go to penny then, IMO.
Another area is to increase distribution channels and make them more competitive with good profit margin. IMO, Ivestor is right here that BGNN cannot undercut distribution pricing. Most grocery chains want minimum 50% margin on cost before they carry. Could vary pending ability to make product a lost leader. But demand is not there yet, like soft drinks and milk.
Time and the Creator of it are my friends
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