Replies to post #12823 on Castle Brands Board (ROX)

[someconcerns]

Culbreth, I think holding on to your shares is a wise plan for a patient investor. As Funman pointed out, the nine-month loss was the lowest ever, none of management sells shares and we are inching ever closer to some nice black numbers on the bottom line.

We are - IMHO - on the cusp of much bigger things.

[FUNMAN]

Culbreth, ROX's inventory presently exceeds their revenues from when I opened my first ROX position in 2009. I hope that adds some perspective.

Long term that means in a few years ROX cost of goods will be going down. Gross margins will get bigger.

I can understand your disappointment with the PPS and lack of interest to average down. I've added, but not much.

It's taking a lot longer for the PPS to respond as we all hoped it would, but we have great products and the fundamentals are looking beautiful.

The first 2 GAAP black Q's ever in ROX's history were posted during the past four Q's. More will follow as revenue continues to grow.

ROX will keep adding more inventory, so ROX's assets will continue to rise, while taking a bite out of earnings. That's not bad. The company is getting stronger and stronger.

As long as you can put the stock certificates under your mattress and you don't need the cash, open a bottle of Jefferson's Reserve and smile thinking about how good the product is.

If you need the cash, put your shares on the market. Someone will scoop them up.

Otherwise, find your patience and hang out with the rest of us.

The PPS will catch up to the revenue growth.