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Acura Pharmaceuticals, Inc. Message Board

  • mitchpit11@gmail.com mitchpit11 May 5, 2014 11:42 PM Flag

    Imagine receiving $8M and being asked to sell a product. How much would you sell?

    OK. So let's try with lemonade stand business.
    You pay $80/day a team of 2 kids to sell lemonade with cost of material $20, total $100/day.
    Let's say, very very conservatively, during the day, kids can sell 1 lemonade every 30 min, and
    lemonade costing $1.
    8 hours a day would yield $16. For those $8M that would be $1.28M in sales!!!

    On this extremely simple example, we can see the sheer ineptness of ACUR management.
    $8M burned in 2 quarters, and only $39,000 in sales!!!
    Not even 7-years old selling lemonade would be able to do this poorly.

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