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Re: Getitgogone post# 1555

Tuesday, 12/18/2012 7:41:24 PM

Tuesday, December 18, 2012 7:41:24 PM

Post# of 6816
It was the adjusted forecast that the company states remains conservative that has me buying.

Good Luck, LOVE This forecast:

The revised financial forecast shows over $12 million in increased revenues for year-end 2013, from $14 million projected for 2012, up to $26 million in 2013, growing up to $50 million by year-end 2014.

Income is also expected to make substantial gains – up to $9 million in 2013 and $13 million in 2014.

James Winsor, CEO of AVT, Inc., stated that revised forecast is based on several factors. "We have updated our projections for 2012 based on increased manufacturing volume in 4th quarter, and are projecting significant gains in the two years to come due to our implementation of the new Marley Coffee Stores, and the revenues we will realize from our licensing and leasing divisions."

The projections, while significant, are still conservative and reflect realistic expectations of company growth, according to Winsor. "We are in the right market, at the right time, with the right products and the right services," he commented. "Our anticipated growth is happening faster than initial forecasts, but is completely in line with market conditions and demand."
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