Panache Beverage Inc. (fka WDKA)

[thesmalls]

their cost of revenue has continued to decline on a proportional basis the last 5 quarters. if it remains the same proportionally - and there was no significant uptick in SG&A - I think we should see their first positive quarter. they have 2 years of losses to write off against future earnings which will help the net income figure going forward.

they are definitely getting traction in the markets they are advertising in and word of mouth seems to be spreading. it still is not widely or readily available in my area but people in the industry do know about it. i have heard "yeah - isnt that the $10 Vodka that is supposed to be really good?" several times when asking bartenders or package shop/liquor store owners where i travel (Michigan, Indiana, Ohio, Kentucky). I just started following this about a month ago and heard about it down in Florida on a trip down there where it is widely available.

i have been buying since $0.50. i continue to buy as it pulls back. however, my gut tells me we will see a jump over $1 if i am close on the bottom line numbers to be reported by the end of the month.