"!......What makes you think they are only going to sell their supply to one demographic?"
Because that is exactly what SWRI stated in two separate PR's.
"Demand for water will continue to grow globally"
I happen to have 6 quadrillion gallons of fresh water parked right in front of my home that renews annually and which I can dip into and get free any day of the week.
It is very interesting to note that you addressed none of the issues that I brought up regarding financing, sales, cash burn rate, debt, the one employee, distribution, marketing, or any other significant factor that would lead to EARNINGS for SWRI. Had you read the 10-Q you would note that it stated they needed significant amounts of financing to get their product off the ground. I'm wondering if you calculated dilution into your comprehensive earnings model.
There was also no comparative analysis given on the SWRI web site stating any superiority to any other bottled water on the market.
But I do understand that you feel that with a single employee, and with no intent of hiring on any other personnel for a year, and with annual sales of $3000 and annual costs of production being in excess of $1,200,000 SWRI will become a success!!
Oh, I forgot, last month they loaded a water tanker with 6000 gallons of water and sent it to a bottler storage facility. Based on your calculations that would give them an income of $600 for this quarter vs. expenditures of $300,000.00 or so based on average burn rate.
That should be quite a relief.
I guess that means that my favorite, SNTKY with cash equivalent of $.35 per share in the bank, more products in the pipeline, a fabulous track record of success, and selling for $.07 under cash value must be worth about $96,374 per share based on a cash equivalency basis instead of $.28.
Pretty soon I'll be a billionaire, eh? |
