Amazing AGM!
posted on
Jul 14, 2011 09:12PM
Creator of award winning eers custom-fitted earphones
I listened to the AGM VIDEO last night. It must have been over an hour long, but well worth every minute!
One phrase that sticks in my mind by Nick, "we are over the hump". How true, and with everything else in place, not falling into place, we are in for one great sp appreciation starting anytime soon. I was just discussing this a bit with Primed and I beleive he agree,s.
As I said before, the numbers are gonna be big and the math will tell you also. The math has started with the initial launch and should keep compounding over time with our growth. I don,t beleive its unreasonable to think this will be a $20 stock in a few years time. This may be one of the best investment opportunities I have seen in awhile because of the sp being at .07 and real earnings going on the balance sheet soon. It doesn,t matter we have 300 million shares out, the earnings and the P/E ratio won,t even look at that when we get going. Nick said we will get a 10% royalty rate of net sales, where most companies get 3-4%, that is another excellent factor.
I found it especially rewarding when Adam Levin said, " We talked with 15 different retailers and every one wants to carry the Sculpted Eer. This is the first time in their history that this has ever happened, that every retailer approached said yes to a new product". Even more retailers want it, but supplies are limited now. Its great to see that demand has already outstripped supply when we barely have started!
I have more to say, but later.