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Re: zj3001 post# 716

Sunday, 10/13/2013 2:23:30 PM

Sunday, October 13, 2013 2:23:30 PM

Post# of 1555
I've been busy and haven't had internet for the past 5 days. Can't wait for google fiber to make its way to my part of the country.

So the sales were a bit lower in this quarter, but I maintain that a few hundred thousand dollars fluctuation is completely negligible quarter to quarter for the future prospects of Seychelle. Especially when they are still profitable and maintaining a big cash reserve. They still have 3 million dollars in cash.

And this statement is HUGE in my opinion. I don't know what the press release is going to be, but it could be great:

We also have large distributors and representatives under contract who could aid in developing potential sales in China, Japan, and Mexico, as well as major retailers in the United States, and feel that this will favorably impact our financials, not only in the third and fourth quarters this fiscal year, but into fiscal 2015.



There have been implications of this in the past, being "in talks" and "approaching," but this is actually saying they have them under contract now. I think we will see some info about this, as well as some big sales announcements in the next few quarters. They like to announce large sales. These seem to be high sales potential distributors.