Wrapsters, Inc (OTC BB: WRAP) Corp. Profile and Discussion Message Board

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Microcap & Penny Stocks : Wrapsters, Inc (OTC BB: WRAP) Corp. Profile and Discussion

WRAP 2.602

-7.4%

Nov 3 3:59 PM EST

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To: WRAP_IR who wrote (16)	2/3/1999 5:42:00 PM
From: puzzlecraft	of 51

WRAP_IR, thanks. I will be looking for the figures. Currently Wrapster's has four stores (and two kiosks in a stadium). Your note says "Average Wrapsters store generates $400,000 - $600,000 in revenues, resulting in a 44% gross profit margin." So this implies a current run rate of about $2 million in annual revenues. WRAP has 8 million shares... given an asking price of $2.00 a share, this means WRAP has a price/sales ratio of about 8 to 1 based on the current run rate... is this correct? One more question. Could you share with us... what WRAP's current projection is for the number of stores to be in operation by the end of calendar 1999? Thanks again. John

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