To: xray who wrote (668 ) 7/1/1998 2:19:00 PM From: Ginco Read Replies (1) | Respond to of 2444
CASTLEGATE (From SH) Regarding your concerns on #8, this should not be disturbing to you, since they are working on the estimate as we speak. The information regarding profits should be included in the news release that we are all waiting for, and I believe that it will be worth waiting for. To help in the meantime, you can look at the numbers Jason has given you, in #7, and get an idea of what type of profits are to be made with Napier producing the product. We can only guess what the profits will be when K&G produces the product for us, but we can assume that they will be producing in large quantities thus cutting manufacturing costs. You should also keep in mind that at the present time we are producing barrels of product (55 gals.) If you look at the price per barrel, and divide it by the number of gallons, you would see that in the barrel quantities they are selling the product for approx. $18.00 per gallon. As I understand it they will be selling the one gallon containers for $40.00 in the retail market. The aerosol cans will sell for approx. $8 to $9 dollars. and that is for approx. 12 oz. Every ten cans would equal one gallon of product, which would be selling for $80 to $90 a gallon. Even though packaging costs and distribution would cost more, you can clearly see the huge profits that will be made in the retail markets. Remember ICI distributes in over 160 countries. As in my past post I believe that the news will be out the week of July 6th. I have known MGT, for over six years, and I believe in their abilities. Even though we all want this to happen yesterday, understand where this company has come in such a short time is incredible. To receive a patent for such a revolutionary product, and to be on the verge of global distribution, all within a few months, is astounding. CASTLEGATE