InvestorsHub Logo
Followers 120
Posts 9122
Boards Moderated 0
Alias Born 07/17/2005

Re: Slojab post# 44682

Wednesday, 07/13/2011 10:34:27 AM

Wednesday, July 13, 2011 10:34:27 AM

Post# of 76214
Bottom line: California Grapes International's sales were basically limited to Hong Kong and they are now going to expand to mainland China where Frank has laid the groundwork.

The population in China is about 189 times greater than the population of Hong Kong (1.32 billion vs. 7 million). Ergo, if the company were to just stay in line with current sales, then based on the larger population, revenue could increase from an average of $1.75 million to $330.75 million annually.

What would the share price be then?

:)