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tturner617

12/27/09 10:12 AM

#272244 RE: Carpedeim357 #272240

Now that's the old Carp, we know and love--(but you for got to mention "800%" stuff--lol) You are right, And the Dicon deal makes us even better. b4, our gross ebit was from 17 - 22% with cost of goods sold in the 40% range. Since we manufactured thru Dicon, I would suspect that the CGS should be signif lower now, Plus Dicon, itself has a growing portfolio of products it has been selling on it's own. Distribution is Finaly hitting retail in signif numbers (which was not quite there yet in May of 09) And we know that RM no longer has 480m shrs (down to 66m) and there is a history of all shrs owned by RM being sold back to the Co. Also, I have noticed that TV ads have seasonaly dryed up (Mkting expence was historicaly another 40% of sales)

So, according to all published and "proveable" info, we got Increasing sales, reduced costs, and declining shr counts. The Magnitude of this trend is unknown till we get some filings--but IMO, should not be too shaby.
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vd8828

01/18/10 11:24 PM

#283836 RE: Carpedeim357 #272240

Agree. SPNG is greatly undervalued!! Go SPNG!!!

See you at .20,.50 or $1 soon, imho.