Here's my post on Iscrub. For believers only.
Post# of 11899
Posted On: 11/21/2012 9:22:11 AM
Here's my post on Iscrub. For believers only.
If I could interject some COMMON SENSE (who said that?). We have general knowledge that Tom has surrounded himself with astute sales & marketing gurus (I think he has, Q3 verifies it). Assuming that is true, the order of 20,000 units was predicated on a detailed sales forecast incorporating wholesale and retail requirements. NO ONE in their right minds would order 20,000 units unless they had a 90 day plan for distribution and revenue accumulation for restocking.
A further assumption would be that the minimum requirement for distribution guided by their plan would be approximately 1,000 units per week. Since Tom estimated the retail value of the incoming inventory at 1.5 mil, that would yield an average sale at $ 75.00 per unit. That, of course, would be a combination of wholesale and retail sales.
At the aforementioned sales forecast of 1,000 units per week or 4,333 per month. The revenue derived from such sales would be $ 324,975 per month.
I believe that I am being a bit conservative since the recent elections have, in fact, changed the playing field. And, I repeat, NO ONE in their right mind would order 20k without sound planning for distribution.
Finally, I am comfortable with Tom's update regarding 10k. Many of us thought he was overly optimistic back in April as it is generally known that such an audit could take up to a year. We were also aware/assuming that previous management had less than desirable tendencies in their activities. Fact is Tom ran into a buzz saw that has tarnished his image with many on this board. But, Tom is DRIVEN, folks. With the 10k now in solid form, he can move on with the successes now developing. Make no mistake about it, sales & revenues will be at the top of the list and the TEAM is in place to make it all happen.
Good Luck to all " investors ".
wily
If I could interject some COMMON SENSE (who said that?). We have general knowledge that Tom has surrounded himself with astute sales & marketing gurus (I think he has, Q3 verifies it). Assuming that is true, the order of 20,000 units was predicated on a detailed sales forecast incorporating wholesale and retail requirements. NO ONE in their right minds would order 20,000 units unless they had a 90 day plan for distribution and revenue accumulation for restocking.
A further assumption would be that the minimum requirement for distribution guided by their plan would be approximately 1,000 units per week. Since Tom estimated the retail value of the incoming inventory at 1.5 mil, that would yield an average sale at $ 75.00 per unit. That, of course, would be a combination of wholesale and retail sales.
At the aforementioned sales forecast of 1,000 units per week or 4,333 per month. The revenue derived from such sales would be $ 324,975 per month.
I believe that I am being a bit conservative since the recent elections have, in fact, changed the playing field. And, I repeat, NO ONE in their right mind would order 20k without sound planning for distribution.
Finally, I am comfortable with Tom's update regarding 10k. Many of us thought he was overly optimistic back in April as it is generally known that such an audit could take up to a year. We were also aware/assuming that previous management had less than desirable tendencies in their activities. Fact is Tom ran into a buzz saw that has tarnished his image with many on this board. But, Tom is DRIVEN, folks. With the 10k now in solid form, he can move on with the successes now developing. Make no mistake about it, sales & revenues will be at the top of the list and the TEAM is in place to make it all happen.
Good Luck to all " investors ".
wily
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