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dodger0328

09/30/14 10:27 AM

#68517 RE: loanranger #68516

Thank you for the reply loanranger. So the issue is belief in the revenues? Obviously even if they have 20 Million in sales there would be costs involved which would be taken out before profit. Do you think the market just doesn't believe the sales figures?

olley4863

09/30/14 6:07 PM

#68523 RE: loanranger #68516

The Company recorded its first revenues under the new business plan in the current quarterly period. On February 2,2014 the company received a purchase order for 34,000 units of its knee/elbow compression sleeves using a copper-infused fabric and has since fulfilled this order. The value of this initial order was approximately $18,000. Subsequently, on February 12, 2014 the Company received a follow-on order for an additional 600,000 units valued at approximately $94,000 and on April 16, 2014 we received an additional order for 800,000 units. The approximate value of
these orders is expected to be in excess of $100,00

The numbers are not right, that's 1.434 million units with approximate total value of $212k, so if 1.1 million units puts them close to the $20M retail value they are there, they will need $200 million in retail to make $1mill..GLTA