The citizens of China are not starving... GDHI is not putting food on empty shelves. The food industry in China is intensively competitive and retail food carries a low profit margin.
GDHI signed a distribution agreement with Goya back in July 2008, 27 months ago. This means they have been selling food just as long and in that time have managed just $98K in sales in over 2 years. Of this figure $38K was cost of goods leaving $60K profit before expenses. $60K gross profit in 27 months equates to $2200 per month... something is amiss here...
If a big name food distribution company suddenly wanted to sell food in China they would have 5000 stores set up in two weeks.
Not at $33.00 per store/ month he won't. the numbers say Frank's prosperity is doing OK ($1.8 Million in share sales). Its share holders that are getting killed.
but Frank will still have his operation going and prospering!!.
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