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Posted On: 03/31/2017 5:29:56 PM
Post# of 3333
Re: PennyStockin #2227
Same here. I'm fine with though. I am in this for the long haul. Everything I wanted to hear (and some extra info) was in the PR. Growth companies have to "prove" themselves for the PPS to rise. This info was mostly expected. People now want to see revenue. I think the PPS from triple 0's to current price reflects mostly what we are seeing NOW. The next 2 quarters will be what really drive the price up. With that said, we should trade mostly sideways with some bumps up in time. Keep in mind "Marathon", not "Sprint". IFlub is a bunch of sprinters.
At this point execution of all the things in the PR will drive the price. It's a good size laundry list that will be the driving force to making this a successful company...
- Q4 numbers (nothing huge from this but will be starting point for Q1)
- Q2/Q3 audits (gearing up to move off pinks - big deal)
- Lawyers for Mergers/acquisitions (must be for Bellissima)
- Pay off debt (Nice to get this out of the way)
- All the distribution pipelines (Big deal for Q2 and beyond with Bevmo, Winebow, Youngs, etc....)
- Distribution agreement with United Spirits ($1 per gross case - great deal, not costing a lot)
- Live website (guessing this waited due to lots of moving parts and legal)
- Sales team (future growth)
- Looking at International Markets (Huge for continued growth an brand recognition world wide)
At this point execution of all the things in the PR will drive the price. It's a good size laundry list that will be the driving force to making this a successful company...
- Q4 numbers (nothing huge from this but will be starting point for Q1)
- Q2/Q3 audits (gearing up to move off pinks - big deal)
- Lawyers for Mergers/acquisitions (must be for Bellissima)
- Pay off debt (Nice to get this out of the way)
- All the distribution pipelines (Big deal for Q2 and beyond with Bevmo, Winebow, Youngs, etc....)
- Distribution agreement with United Spirits ($1 per gross case - great deal, not costing a lot)
- Live website (guessing this waited due to lots of moving parts and legal)
- Sales team (future growth)
- Looking at International Markets (Huge for continued growth an brand recognition world wide)
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Words to remember "Investing is a Marathon not a Sprint"
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