Replies to post #1376 on Freedom Environmental Services, Inc.(fka FRDM)

[HDOGTX]

Thanks for Sharing, Nice!!

[Choi]

Nice! we need to get some of this stuff stickied!

[Choi]

An excerpt from another pr posted on their website,

Most recent numbers from the National Restaurant Association estimate there are over 1 million full-service restaurants nationwide! "Our management estimates that at $700 per unit retail and gross margin of up to 70% this represents a huge untapped revenue stream for the company," said Borish.

If we just tap 10% of the service areas with the unit retail of $700 per & having a 70% profit margin on each one,

That would be exactly $49,000,000!!! Along with the other projected revenues they have which is worth around $20,000,000...

Also their last financials showed a gross revenue of 1 million already, so the future is looking mighty bright, and the s.p will be reflected upon that very soon imo...

[overtheedge]

Am I looking at this right? Freedom will offer the "The Grease Separator" to over 40,000 Florida restaurants alone! We believe it saves the average "full-service" restaurant thousands of dollars in both lost time and service calls----Our management estimates that at $700 per unit retail and gross margin of up to 70% this represents a huge untapped revenue stream for the company," said Borish.
40,000 X $700.00 x 70%= 19,600,000. And we are trading around .033? Dont think the 3rees will last very long tomorrow