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  4. Hangover Joe's Holding Corporation (HJOE) Message Board

casey, littlebirdy - on the number of dealers you

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Post# of 15187
Posted On: 06/16/2016 3:46:59 PM
Posted By: thesmalls
Re: lillbirdy #6435
casey, littlebirdy - on the number of dealers you are correct. he did say 35-40 and it is probably a little higher now. i went with 30 as the new ones arent going to have any real traction yet and there will always be some non performers/underperformers.

lilbirdy - on your comment below:
"Sell thru for the smaller markets is probably closer to 1 bottle a day but the larger markets like Vegas & Nola should bring the average up."

was this one bottle a day total or PER BRAND? i think original projections when they trialed the product were 1.5 bottles a week for energy. like the number of dealers - i was conservative.

regardless - if they are anywhere close to the $3MM or even half of that but trends are clear they are aggressively growing - the stock is seriously undervalued by any measure/multiple. which is why i continue to buy even though i am overweighted in holdings from normal balance measures.


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