RE:RE:RE:Q2 on sedarlscfa wrote: You totally missed the point. The co. has an opportunity to gain market share in the caffeine energy market while competitors have their products removed from store shelves.
Cdnguy81 wrote: lscfa wrote: Revenue $2,989.....pathetic
Is $2,989 pathetic, or the links you keep posting of health Canada pulling energy products off the shelf? It's like you implying, that if neuenergy was in retail stores the sales would be any higher.
Here are some points to consider:
1. No one bought it when it was in retail years ago
2. Neuenergy has caffeine in it too, so don't mislead people into thinking it's caffeine free
3. It's already available to Canadians via their website, and still no one buys it. Just because it's not available in retail, doesn't mean squat. Retail has horrible margins, and they would have to spend more money then their marketcap on marketing a product that no one knows.
4. Revenue for this quarter are even lower than last, which speaks volumes about how poor it's doing in Germany. It's been available for months now, and it's barely selling .
5. Given 1, 2, 3, 4, this company died a long, long time ago.
I didn't miss your point, and I already addressed it. Even if they were on shelves, it wouldn't matter, because they were already in the past and no one bought them when they were on shelves. Plus, the Canadian market is already served through their website, and so the opportunity is there right now to gain a market share, which they are failing at.
They are trading at a penny, and have no cash. Are you personally going to invest in a private placement at above market price in order for them to fund a marketing campaign? Because that's what it will take to increase awareness. Who is going to do that, and what incentive do they have? What have they done with the previous money that they raised? Anything meaningful?