SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : HVAR ... Havana Republic, Inc. (Tobacco Gold)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jonathan Lebed who wrote (295)7/11/1998 1:12:00 AM
From: Jonathan Lebed  Read Replies (2) of 728
 
From what I understand, the current plan is to open up another store...every 2 months. Aventura is due open next month. You must also understand, that besides cigars, they sell other things such as humidors, lighters, high end cigarettes, gifts, memberships...etc.

Even though the mail-order division has yet to begin...it is expected to produce up to 1MM for this year.

The reason why if you add up all of the yearly estimates for the 4 stores, the mail-order, and the factory...you get over 10MM, and they are only expect to produce 5-7MM for this year...if due to the fact that 3 out of the 4 stores, will not be open for the complete year. But because of the rapid growth...there is no telling how much in revenues will be produced next year.

I have requested all of the asset sheets, so I can figure out the correct book value. I will hopefully be receiving those on Monday.

Jon
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext