SVI = Jamba Juice

Quote from optioncoach:

How does someone making $100,000 a year buy a $600,000 house...

They save up $100,000 per year for 6 years. But, with taxes.. most likely 8 years.
 
The press release says that SVI completed a $127 MM IPO in July. They also raised $198 in a private placement. That gives them $317 MM in cash (about). They bought Jamba Juice for $265, which leaves $52 MM in cash/working capital.
 
Back
Top