InvestorsHub Logo
icon url

oose

11/18/11 6:59 PM

#24940 RE: JeRK #24939

Net rev...pro line sports...website/e-commerse
International : Asia is a prominent international market where golf as a sport is rapidly growing and we intend to add additional Asian distributors. We are merging the two company’s distributors into one network to increase our 2012 distributor base.
icon url

Da Stock Alpaca

11/18/11 6:59 PM

#24941 RE: JeRK #24939

You've got good eyes. I overlooked that fine print. I really like the following from page 2 but where is the mention of the umbrella girl's and Nick's bike? LOL...at least that is not stated in writing =)

Wholesale Distribution : We plan to increase our combined sales from the team of existing sales reps calling on U.S. major golf retailers. Feel Golf will also exhibit at the International PGA show in Orlando, FL the last week of January 2012, where we will unveil our 2012 product line during this event.



I also really like this. Maybe they'll use call centers agents to get all of their dealers current with their products.

Call Center and Inside Sales : We plan to further assemble a larger in house telemarketing sales force to sell. direct to our consumers and handle both inbound and outbound customer communications and sales.

icon url

Da Stock Alpaca

11/18/11 7:07 PM

#24945 RE: JeRK #24939

One thing that I question though is feelgolfstore.com and their COO being disconnected from the company. I wonder why they don't seem to want to get their hands directly around their products. Seems a little strange to me. I'd personally be directly involved with all aspects of the business until it was very profitable and I could entrust others to operate it.

?In addition, our Chief Operating Officer David Otterbach is not involved on a day to day, on-site basis as Mr. Otterbach is still located in California. However, Mr. Otterbach still serves as our interim Chief Operating Officer and Board Secretary on the affairs of the Company.


?
icon url

Danzo

11/18/11 8:48 PM

#24965 RE: JeRK #24939

Net loss depends on what time period you're looking at. Yeah, if you look at the three months preceding Sept 30, of 2011 vx. 2010, their net loss went up 788%. But if you look at the nine months preceding Sept 30th of 2011 vs 2010, their net loss went DOWN by 50.5%.