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

Last reported was around 1.7-1.8BB. Certainly.conc

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Post# of 15187
(Total Views: 330)
Posted On: 01/23/2017 10:08:12 AM
Posted By: thesmalls
Re: Steven1973 #11281
Last reported was around 1.7-1.8BB. Certainly.conceivable that it increased for services rendered or otherwise corporate activities. 2BB is probably a fair guess.

Right now I would be happy to see revenues @ $1.5-2MM in 2016 and $2-5MM in 2017. They were doing $1.2-1.5MM on hangover shot ALONE before the production fiasco that put them in the tailspin.

CureKorea deal (any pretty much any foreign deal ) is half up front (due to product requiring different/unique to that market labeling or ingredients) so that is attractive for the company from a cash flow. That should bring in $1-2MM alone. Canada was a similar amount. Europe never really had numbers tied to it. These were just hangover #s.

Jerky is harder to estimats but based on them sending out several pallets every week - that has to add up quickly.

At 3 pallets a week and assuming 12 bags to a case and roughly 72 cases to a pallet (12 boxes by 6 high) and $4/bag revenue for HJOE would be just over $500K per year. Not bad starting out.

Finally - there is dealer revenue to throw into the mix.

So - mix and match - I would expect t9 see between $2-4MM this year.


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