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Supercubes and Tonik, page-3

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TripleTop

4,005 Posts.

827

10/09/20

08:46

Post #: 47225480
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Originally posted by ValueSearch ↑

@TripleTop
You are making the assumption that this statement "Sales for the proprietary products were 200% greater than the prior quarter" applies only to Omniblend and SuperCubes proprietary products. Other propriety products include the fudge and Keytone Dairy powders etc.

I see why you made the assumption, as the statement was under the Tonik/Supercubes section of the 4C. Knowing KTD I wouldn't make that assumption. Also if you take your estimated 1.56m and then add it to 3.6m (Iovate). 0.8m (half of new Sams Club and Nouriz orders) and 0.3m for fudge you get nearly 6.3m of last Q's revenue. That implies there was only about 5.2m of regular contract manufacturing in the Q. That seems too low considering annualised run rate for last FY was much higher.

Good if you are accurate though I am very sceptical.

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@ValueSearch Thanks for your input and thoughts. My hunch is that not all of Iovate is in the last quarterly or if it is, then some other usual contract manufacturing orders were put on hold or delayed to September to allow KTD to produce this initial huge order for a new client quickly.

Let’s see what we can find out further in the next quarterly or sales update. It would be great to get a general sales update soon - I think it will set us on our way towards 30c again.

Cheers,
TT

KTD Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

1 Great analysis

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