Wednesday, November 28, 2012 7:15:14 PM
VGREF's supposed supply contract was going to start generating revs in October according to the PR. The 10K will be an interesting read as it relates to pellet revenues and logs sales. I also think if the pellets can be sold at a lower price than wood pellets (free market capitalism) then it opens far more doors than MOU's with non-existent energy company like the "sister" VSPC signs.
Some retail stocks "beat the street" today, but VGREF's sales dropped 58% year over year per the Q. I think framed art is the bread and butter, but we shall finally see if GKG can turn someone a profit. If it can't with the labor cost in China, I seriously doubt it has a snowball's chance in Hades in the US (not that it ever did).
We'll see
P.S. Waiting on Jason to answer my email, but not holding my breath.
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