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 : MDMI - Italian Bakery Extraordinaire!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Marc Stager who wrote (2251)4/8/1999 1:00:00 PM
From: Kevin Clarke  Read Replies (1) of 3584
 
MDMI's profile should show some fairly large #'s and have HUGE projections for future earnings for these reasons.
If you look at the amount of customers MDMI has, you will realize that they are making some serious money, buymdmi.com.
I counted 122 customers, each one on average has to buy at least $1000 worth of Bakery Products from MDMI a week, look at the type of businesses they supply, Hilton Hotels, Banquet Halls, Restaurants, Convention Centers, Country Clubs, NEMAN MARCUS, you have to really go through the list to understand what MDMI's potential revenues are.
$1000 worth of products a week may be an understatement if you think about it.
How many rolls, pastries, loafs of bread, cookies and such do you think the Hotels that are mentioned serve a week? I bet I'm being very conservative when I say a couple of thousand.
Anyhow my point is this, if on average these businesses buy $1000 worth of products per week $1000 X 122 = $122000 X 52 = $6,344,000, and this # may be very low considering we are talking about GOURMET PRODUCTS opposed to the average baked goods you get at your corner store.
MDMI still has the JAVA CENTRALES revenue and the POTENTIAL REVENUES their E-Commerce Sites will bring in.
We could end up seeing potential revenues of $10,000,000 to $20,000,000 for this year alone.
Anyone care to help me with this?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext