HVAR ... Havana Republic, Inc. (Tobacco Gold) Message Board

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Microcap & Penny Stocks : HVAR ... Havana Republic, Inc. (Tobacco Gold)

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To: Jonathan Lebed who wrote (465)	7/15/1998 3:53:00 PM
From: Buster	Read Replies (2) of 728

Jonathan, you seem to miss my point. By your very own reasoning the #1 store for HVAR should have increased its revenue every quarter. If cigar smoking is as popular as you claim, the revenue should steadily increased as time goes by. I am in agreement with GaBard in regards to HVAR being a start up so I am not expecting HVAR to be profitable. I do expect the revenues to increase quarter to quarter with maybe an occasional blip here or there. As HVAR opens more stores I would expect them to have lower overhead and eventually turn a profit. Here is a direct quote from the 10k: "Sales for the three months ended March 31, 1998 were $125,104, a decrease of 30.6% as compared to sales for the three months ended March 31, 1997 which were $180,139. This decrease is due to increased competition in the premium cigar market." The competition is not going to go away so I am concerned about the company making its projected revenue. Do you have any numbers on their fourth quarter? Buster

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