Post by
dreaddogs on Nov 18, 2013 6:59pm
annual savings up to $17.5 million -jmho
not only the company projects 8 million in savings based on reducing his inventory of warehouses by 16 units. he has another 19 warehoues to go....
when you calculate that 8 million based on 16 warehouses that works out to be $500,000 per warehouse...
now you add another 19 warehouse closes @ $500,000 that works to be $9,500,000 of additional savings.... that is a total of $17.5 million dollars of savings....
now this is my own calculations....
everyone needs to do their own calculations and due diligence....
now you add those savings to increase EBITDA....we should create some nice positive cash flow sooon....