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Re: trupm007 post# 70035

Friday, 03/21/2014 7:12:37 PM

Friday, March 21, 2014 7:12:37 PM

Post# of 183633
I disagree, but that is me. The free will disappear, however, the big push for gross margin is a mistake IMO. I know from someone else that they were only giving 30% to wholesale the cards, that does not work according to my friend who tried it. Buy a $5 card for 3.50 and sell it to a retailer makes you no money, if a retailer can not make a minimum if 30% he will not play on that $ amount. To me, Riss has a total strict accounting background that is inhibiting volume/ revenue growth. Not a bad thing, just a lack of 'real life' business. I mean, show me the real companies making a 55% GP, just does not work/exist!!!!!