MDHI made $244k with 1 costco promotion, 2 more scheduled this spring
per ceo from cc, ""First of all - It is important to outline the major retail success we have experienced over the past few months. Near the end of December of 2011 we announced that we would be offering our products on the website of one of the largest retailers in the country. This retailer, which is Costco, is one of the largest retailers not only in the states, but throughout the world - they currently have approximately 60,000,000 customers worldwide. Our relationship with this retailer has been very strong and sales are occurring on a daily basis. Customer return rates are very low and customer satisfaction is very high. We believe the relationship with this retailer remains very strong and we are certainly happy with what we have seen so far. We will soon start an additional promotional programs with Costco, which will involve both e-mail marketing and mailers to the Costco customer base. We conducted a similar promotion during November that produced sales of approximately 600 units for the company, but we are hoping to do even better on these two promotions.""
600 x $20 = $12,000
$12,000 x 12 months = $244,000 in yearly recurring revenue
there are 2 more costco promotions coming, and MDHI is already profitable
add in call center sales, global sales, wholesale sales, and when the insurance contract is closed, boo yaaaa, we could see a .15-.20pps over night
MDHI, maybe its time to take a sencond look at this one
AI
