Growth Possibilities

I have watched the webinar again and have given some more thought to possible growth

• In Sept Qtr NGS did $US 760K in cash receipts AUD $1.21
• Steve indicated same is a expected/historically quiet qtr but achieved 2% uplift

So making a few assumptions/crystal balling - what might this Qtr look like - here are some thoughts (please feel free to critique - the more the better)

• NGS grow cash receipts by say a conservative 5% on current footprint from $760K to say $800K USD
• IHerb on boarded at start of Qtr - initial order of $10K already up to circa $30K - assume by end of Qtr that figure sits at say $40K USD
• New Walmart rollout completed end Sept so will operate for the full current Qtr

1. 850 new stores
2. Say they hit average of 1.25 units per store per week
3. 1.25 * 850 = 1062 units per week by 12 weeks = 12,750 units
4. Assume 12,000 units - shelf price is $22 USD so total sales would be circa $265K USD
5. Not sure what our unit sale price is to Walmart but assume circa 50% - say $130K USD

So $800 + $40 + $130K = $970K USD which would be circa $1,540,000 AUD or annualised circa $6.15 million if repeated over a full year with no further growth or product lines being rolled out

Possibly I am smoking the whacky weed and drinking the cool aid but as I see it

• NGS in the next 6-10 weeks likely to be cash flow neutral or positive
• Second Walmart product now in shop/selling and when combined with moderate growth in existing footprint - NGS will by default lift sales compared to last qtr
• Steve confirmed targeting door expansion and other product lines in store over next 12 months (Iherb/CVS/Walmart/Amazon/Other) - so growth in doors/product lines will by default see further growth in sales
• Using logic above NGS might possibly report sales at end of this quarter circa $1.5 million AUD - annualised ciurca $6 million AUD
• Sits to a market cap of $2.7 million