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Thursday, April 04, 2013 11:03:15 AM
I've said this a few times already.
--I'm using the 40K sales in the Dec. quarter as the baseline.
--writing off the March quarter (one just ended) because they had legitimate problems (new sales team, production problems, raising cash...)
--if there isn't a 1,500% sales increase in the current quarter (ending in June), then I'm selling 50% of my shares.
I have read some of Bgrass' posts from over a year ago. Some of the concerns he addressed then are as valid as they are now. The differences are that now the products have been refined, we have inventory, cash, team of top tier athletes, and a marketing guru.
There should be no more excuses. If management can't pull it off (Reebok Crossfit angle alone) with the pieces it has in place now, then there is something very wrong.
$DROP
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