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Re: vikingzskillz post# 9723

Thursday, 07/19/2012 11:39:07 PM

Thursday, July 19, 2012 11:39:07 PM

Post# of 122988
Viking I agree, and my thoughts also as usual retailers want what the others have on their floor. Unless the first retailer gets a exlcusive agreement.(Look for that word in the announcement)
what is interesting here is that the 600K order is only going into 30 of the 140 stores in the chain roughly 22% of the stores
so I see this as a possible market test and if all goes well they could possibly get up to 4 more 600K purchase orders which could double there annual sales.(pure speculation)
I know its a little early to speculate on future annual sales but it is a possibility...
I also took a look at there Q1 and the gross profit margin is good so I would think that the added volume would also give a healthy boost to the profit margin as well.
and there was one other thing I noticed in there and thats that the CEO has personaly guarranteed the company credit lines or at least some of them.
This means his personal belongings House,car,toys,wife,kids HaHa are on the line also...
I got in yesterday morning and happy to be here
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