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Jungle_Trader

06/27/09 12:03 PM

#4326 RE: doogdilinger #4325

Still down over 50% from you bragging .12. Fact!
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jimmenknee

06/28/09 8:11 PM

#4338 RE: doogdilinger #4325

"... I do know as does anyone else who's done even the slightest bit of digging into Concept One as co.'s don't make #19 on the 2008 HOT 100 List of the Fastest Growing Businesses in the United States of America for nothing...especially in the economy we've seen over the past 18 months!!! ..."

The data you are using to support your DD and Concept One's growth ability during the recession is based on December 2006 and April 2008 which had a cut-off off December 2007. So the clear points are:

--$5min estimated annual sales is very low (as of date unknown)
--$71mill in sales shown in the list is a ~20% reduction in sales projection for 2007 (published in April 2008)
--$150mill in projected 2010 sales was suggested at the end of 2006 (same article that suggested $90mill revs for 2007)

Using your 18 month figure, the start point for your numbers to support your contention is: calendar year 2008 and 1st 2 calendar quarters 2009-- to which there are NO NUMBERS AVAILABLE...

Thought we temporarily stayed the issue in early June-- I conceded Manta's numbers were suspect and you were going to confirm real/current numbers with Mr Hafiff. Shouldn't that be the direction we take the discussion if indeed we need to continue it?

I also recall you were hesitant to discuss terms of the contract from the beginning-- and bottom line, that is what is important fundamentally WRT to DUSS' value (real/potential)-- no?

I believe those numbers are irrefutable: for every $1,000,000 in MoneyBag sales generated by Concept 1, Dussault will receive $50,000-- so what do you want to predict MoneyBag sales to be? $10,000,000 annual sales seems too ambitious, but nonetheless will only bring $500,000 in royalties to DUSS on an annual basis...

and lest we forget, the timing is for Fall/Winter 2009, so in today's terms what value have you assigned this deal?