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Re: lcky_jk post# 44

Saturday, 04/28/2012 9:03:56 AM

Saturday, April 28, 2012 9:03:56 AM

Post# of 192
I wouldn't go to crazy with projections. The acquisition of the Mexican Distributor will help bottom and topline growth. New products and distribution will help as well, but to do well more than double sales is asking a lot. I would think 20 million is a good number to shoot for and if they do better that would a great thing. If they do 20 million in revenues they and continue to grow at this level they should be trading at 2-3x sales, which would be about at 150% price rise. If they continue to launch new products then that number could go higher, if they get improved distribution into places like Whole Foods again thats a driver. The biggest problem that I see is that there has been a consistent seller in the stock. Yesterday my buddy purchased 20K shares and put in a price above the offer. He got a better price than what was showing and the offer never moved. Additional shares were purchased on the offer and no movement again. They seem to have a big supply at the offer with no real end in sight.

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