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turokman

03/18/15 6:19 PM

#73688 RE: MacDaddy23 #73687

You hit the nail on the head MacDaddy. As much as I hate to give these guys any credit, I'd be stunned if they left themselves with 1 million dollars in cash without a plan at this stage in the game. They literally would have grew themselves into a hole where they would be forced to sell assets to make payroll. Not saying it's not a possibility but it's sort of like tiger missing a 6" putt. Ok wait - bad example - but you get the idea...

I think the clue here lies with inventory. Inventory was up huge at the end of 2014 and we know they are launching at least 2 mass market products, the Arnold Bar and the Energy drink. Is it possible that they have already inked a deal ( 7-11) where they needed to deliver a certain quantity of product ? Furthermore, it's possible that the 4 million loan went directly to the manufacturer in order to produce the product. Perhaps the high inventory is going to be directly converted back to cash upon a big announcement of where the product is going.

OR - Maybe it's all a pipe dream.

That's the problem that management shady past has created - a lack of trust.

I'm going with the you MacDaddy and buying it up here.