From my calculations we had 1.4 million left in stock from the whetstone facility which is now gone + 500k minimum angry birds chocolates sold (possibly more) + however many of the newly produced Yowies sold before quarter end, I would say close to the million mark again.
So from these numbers we will be close to last quarters numbers if not maybe slightly behind? What is your read.
We have the licensing deals in place and two wrapping machines on the way, assuming we get the one back from Hank which I think is likely. So 60 mill capacity before end of the year, 3 licensing deals will be kicked off, better margins at the new facility and access to 60,000 + stores. I think the growth is quite clearly coming and why so many instos are building their positions now.
What I'm looking forward to is the new line of collectables aimed at Anericans with a big fat marketing campaign.
Morgan's, Cannacord (obviously) and Edison all have price targets well north from here.
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