Surprised (pleasantly)by the stones of the analyst who called them
Out on dilution and (more strongly) the sweetheart sale of more shares to Dr. Frost @10.50.
Not happy about a profit (excluding special items) of $250K vs. $2.8M in Q1, especially with sales up by $3M. Lots of factors were mentioned, but nowhere near enough detail to estimate the dollar impact of (mostly) one time things (buying inventory back from old distributor, clearing out old Assault inventory). It was suggested, though not promised, that Q3 margins s/b more in line with Q1 than Q2.
Very happy with Q2 sales.
THRILLED with prospects given expected contributions from Costco, FitMiss, and Ahhhhnold line.
In the admittedly short time I've followed the stock, they have ALWAYS delivered on their "we're working on xxxx and hope to make an announcement soon" messages. And that makes me very optimistic about the retail expansion they are obviously working on.
I agree. They became defensive and humbled by the comment on dilution and the need to seek options to any further dilution. They have no debt so I assume they have no financial facility for cash needs as the demand skyrockets!
Hope news on Target comes soon as well as Nasdaq listing. BTW, can professional athletes use these products? I assume so with sf quarterback endorsement.