InvestorsHub Logo
icon url

Hidetoshi

09/29/15 9:24 AM

#260409 RE: davecase #260405

I wouldn't go as far as to say he doesn't know what he's doing. Lets be real here - He got a product placed in a few major chains. Kmart/Walgreens - that in it self is a pretty good accomplishment.

A lot of folks here say they could easily run the company better than him. If it's that easy - start your own beverage company and lets see it take off. Even if you aren't successful (but you should be because you said you are much better than vanis) you would at least make 6 figures for the time you attempted to run the company.

If he didn't know what he was doing - he would have failed to place this product anywhere, fact of the matter is he was able to get it in a 1,000+ locations with a few major chains attached to it.

It may not be Monster or Redbull, but he has had some noteworthy accomplishments. IMO.
icon url

Mitch145

09/29/15 10:22 AM

#260425 RE: davecase #260405

I think he has adjusted quite well. Think about it...

If there were a way to make those products profitable in a time frame that would help our situation don't you think we would be doing it ? Must be a good reason why we are not.

We spent 25k just to make CB and the others. How much after that to produce and get to market idk. Obviously the numbers did not work or we would still be out there.

Island Style was a 10k idea. Never made and was written off the books.
Vitamin Creamer still has promise just not now or we would be doing it. Paid 50k for it so far. Quinton Crye Racing gets 10% of the advertising dollars spent and 5% of net profits so when it launches it better stick.
http://irdirect.net/filings/viewer/index/1451514/000135448814003451/1