COHO had some good news with a reduction in shares
Post# of 748
Posted On: 07/27/2012 9:29:02 PM
COHO had some good news with a reduction in shares outstanding by 50,000,000. This come on the heals of 3 million reduction of the A/S. Big Tom hunting blind is a big hit at the most recent trade shows. It was such a big hit that the NWTF has started the process of review for potentially awarding the Big Tom Turkey Blind it's seal of approval. If awarded the sealof approval the blind could be placed in Bass stores. Bass is a huge supporter of the NWTF.
Waiting on the update about a big block investor, PR alerted us that they were in initial discussions, could this be the main motivation behind the share reductions. IMO a pretty good incentive to do so.
PR states COHO is adding new dealers / distributors, could there be another Big Box Chain Store coming on board. Purely speculative but we already have Hicks, Ellet Brothers and Dunham. The potential is there.
COHO has a new headquarters,new warehouse and product selling in stores. Estimated annual income on $1,000,000 for 2012. IMO once hunting season starts this stock will be ready to report sales and revenue data. Probably disclose at beginning of 4th quarter. The potential NWTF seal of approval may also be authorized within this timeframe as well.
With reduced share structure, available shares are thin. Any real pressure should send this to .003 to .06 before a jump to at least .01 in coming months. The pps is very low for a pink with product in stores and this reduced share structure. CEO tells of more PR's to come, as long as we get strong news like the past few weeks COHO is very likely to start moving up.
Waiting on the update about a big block investor, PR alerted us that they were in initial discussions, could this be the main motivation behind the share reductions. IMO a pretty good incentive to do so.
PR states COHO is adding new dealers / distributors, could there be another Big Box Chain Store coming on board. Purely speculative but we already have Hicks, Ellet Brothers and Dunham. The potential is there.
COHO has a new headquarters,new warehouse and product selling in stores. Estimated annual income on $1,000,000 for 2012. IMO once hunting season starts this stock will be ready to report sales and revenue data. Probably disclose at beginning of 4th quarter. The potential NWTF seal of approval may also be authorized within this timeframe as well.
With reduced share structure, available shares are thin. Any real pressure should send this to .003 to .06 before a jump to at least .01 in coming months. The pps is very low for a pink with product in stores and this reduced share structure. CEO tells of more PR's to come, as long as we get strong news like the past few weeks COHO is very likely to start moving up.
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