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Growth And Value

06/21/05 12:21 PM

#10030 RE: Mastman #10029

7 Million THIS year in added revenue streams due to the acquisition of Explorer Headgear Promotional Products Division.

At the time of the acquisition news, I read it to mean 7 million per year.

Now that the latest PR stated on track for 7 million THIS year, I take that to mean 7 Million in a 7 month time frame.

Correct me if I'm wrong, but that means 12 million in 2006, not counting any growth percentage, which I think will happen with the synergies.

Just another reason why I think this stock will increase to the $3.00 AMEX minimum.
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Rob2004

06/21/05 1:28 PM

#10031 RE: Mastman #10029

I disagree that "If an investor did not know that a Top-Flight deal already existed with Explorer it would appear as a new deal." If an investor read the article it states in the first paragraph that, "Top-Flite products were previously marketed by Explorer Headgear. However, Veltex recently acquired the Promotional Products Division of Explorer Headgear, www.explorergear.com, which was renamed "Veltex Canada", DBA Veltex-Explorer. As a result of this acquisition, Veltex Explorer will continue to aggressively market this excellent, recognizable brand in Canada." No new deal there.