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Jammin Java Corp. Message Board

  • simple_solutions75 simple_solutions75 Aug 19, 2013 11:45 AM Flag

    Sales from AVTC ?

    Anyone near to the avtc machine in CA ? Wondering how much sales are going through them. I am going to check in kroger today to see if they have restocked.

    Sentiment: Strong Buy

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    • The sales projections were $1,500-$2,000 in sales per-month on the Marley Coffee machines. AVT stated that the machines they have put into operation have been exceeding the projection, but by how much I don't know. AVT said they expect to have about 1,000 Marley Coffee machines in operation by the end of this year.

      From the number's I've seen it looks like about 40% of the retail price from the machines will go to Marley Coffee (JAMN), so just the machines in operation this year alone should be doing at least $7.2M-$9.6M in annual revenues for Marley Coffee.

      There are so many question marks out there right now it's not easy to know exactly what the picture is. This quarterly report should be interesting.