Replies to post #6262 on Jammin Java Corp (JAMN)

[236T568]

fully agree

Well what good news is there apart from comparing sales from a year ago?

Quarterly sales are up compared to a year ago? But they're down compared to 6 months ago, and if you take away the $450K they were going to include last quarter, sales are just barely above what they were 9 months ago.

Mother Parker's gave $2.5 million? They have less than that in the bank now, so if they didn't get that money, there would be a problem. And when that money runs out in 6 months, there will be another problem.

A year ago they made $500K in gross profit shipping $300K of product. They shipped 5 times that amount this quarter and their gross profit was less than gross profit a year ago.

So where is this good news you're talking about?

[Smushie]

Ok, you've listed all this info as to why we should watch out....in your opinion please tell us why in the world MP would want to put any of its funds into this 'failing company of Marley Coffee?' Please tell us your thoughts on their huge investment. Thank you