Joe, Joe can't you tolerate negative posts?? That surprises me!
You should be here long enough to do so.
Do I have to change my opinion of you? Don't you express your opinion about a stock???
BTW I'm not new and longer here than you, buddy. But I have a life and don't spend the whole day in front of the monitor writing posts on SI and IRC. I really appreciate you and didn't want to offend you by my negative post about newsletters (actually i wanted to hear your thoughts). I'm definitely not a naysayer nor basher, but it's my right as a member of SI to express my concerns. If you don't like this, leave it and don't read my post. But SI doesn't make sense for discussing stocks when only positive opinions are allowed. Come on Joe!
BTW, did you read the 10QSB?? The increase in net sales for the three months ended March 31, 1998 is due to higher volumes of the Company's freeze dried aloe vera and mineral drink, Aloe-Minerals Plus(TM), sold to one major customer in China.
This major customer is a direct marketing company and accounted for $754,790 of net sales for the three months ended March 31, 1998.
Dependence on One Customer. Sales to one principal customer in China accounted for all of the Company's net sales in the quarter ended March 31, 1998.
The Company is attempting to expand its customer base both domestically and internationally, but expects that sales to its Chinese customer will continue to account for a substantial percentage of sales. The Company's Chinese customer could discontinue ordering at any time.
Any potential problems with this Chinese customer could have a substantial adverse impact on the Company's business and could result in diminished revenues for several quarters or more as the Company attempts to replace that business. The Company has not received any orders from this customer since the end of the quarter ended March 31, 1998.
Dependence on Two Suppliers. The Company does not manufacture any of its products and depends entirely on third party manufacturers and suppliers.
Typically, the Company does not have supply agreements, but submits purchase orders for its products. The Company currently purchases from two suppliers.
That's all I have to say (eod),
ciao bello
BTW: I'm not Sicilian nor Italian, that's a stereotypic.
but I like Chianti. |
