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treit2002

06/17/12 12:09 PM

#12485 RE: RealDutch #12484



The 2011 Sweden presentation estimated $1.8M revenues per retail franchise. They also projected 20 new outlets per year for the first two years. Now we have heard 6 in 2012.

Yet you seem to think there will be 275 retail outlets in 2014.

$500M in retail in 2014 is absurd.

Viking made a math error on the cattle, but he presents projections that make sense, and have some back up.