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Re: jhoerauf post# 1523

Monday, 12/30/2013 12:48:08 PM

Monday, December 30, 2013 12:48:08 PM

Post# of 1791
...and here is why it doesn't stand a chance:

Despite proclamations by ASCC of phenominal sales in October, the lastest 10Q released over the holidays is a bit disappointing:

Initial Sales for the month of Octber = $3444, less cost of goods, resulted in a gross profit of $1153 after their advertising campaign spending $87k.

Based on Spec's advertised price, the "largest retailer in Texas", this calculates to about 24 cases of Vodka for the entire month - not exactly flying off the shelves.

ASCC announced they had a 2nd restock of inventory - yet they still have $75k of inventory or about 789 cases.

Meanwhile the company has a number of convertible loans made to Robert Federowicz's offshore company.