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Old 05-19-2015, 10:07 PM   #1101
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It's one thing to be transparent when it comes to the cards in the product. But in no way should he disclose what he is making on this product.
Exactly! No one else is asking any other manufacturer, re-packer, or even a reseller what they make. If the product sells proving a market demand good for him. IF on the other hand he is stuck with some of it and doesn't make money he will probably learn that the demand isn't strong enough to support another product.
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Old 05-19-2015, 10:34 PM   #1102
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Exactly! No one else is asking any other manufacturer, re-packer, or even a reseller what they make. If the product sells proving a market demand good for him. IF on the other hand he is stuck with some of it and doesn't make money he will probably learn that the demand isn't strong enough to support another product.
I agree 100% (though I have been discussing it.)

My point is, let's just call it a business and not imply (notice I use the word imply, not state) that he is doing a favor to anyone. It's just a business, period the end. And as a business, there will be a lot of bad boxes. It's just that simple. If there were not, he would make no money.
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Old 05-19-2015, 11:13 PM   #1103
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I agree 100% (though I have been discussing it.)

My point is, let's just call it a business and not imply (notice I use the word imply, not state) that he is doing a favor to anyone. It's just a business, period the end. And as a business, there will be a lot of bad boxes. It's just that simple. If there were not, he would make no money.
And some very good boxes as well.
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Old 05-19-2015, 11:20 PM   #1104
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Outside of the negativity concerning PR's profits, this is probably my favorite thread on here (or maybe tied with the Haiku one). I think it's great to watch all of this come together; from the breaking, to the buying, to the grading, to the release. How many of us on here would love to do something like this if we had the capital and time?
Onto the product itself, I'm waiting for a full checklist before I decide whether to join a break or not. Also, I'm wondering if PR still purchasing higher end hits or if he's pretty much got everything done already.
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Old 05-20-2015, 10:03 AM   #1105
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Originally Posted by jr24ai3 View Post
It's one thing to be transparent when it comes to the cards in the product. But in no way should he disclose what he is making on this product.
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Originally Posted by jewcer2k5 View Post
Exactly! No one else is asking any other manufacturer, re-packer, or even a reseller what they make. If the product sells proving a market demand good for him. IF on the other hand he is stuck with some of it and doesn't make money he will probably learn that the demand isn't strong enough to support another product.
I certainly understand what you guys are saying and I'm certainly not calling for him to expose anything financially.

However, I have never really agreed with the whole mentality where people and business are afraid to expose what they make financially.

If PR published his whole balance sheet, I really doubt it would stop anyone from buying this product. Everyone is already aware of the concept of buy low, sell high to make money. Everyone is already assuming the worst and even PR says "this is a break product" and not designed for individuals. People joining breaks are not going to stop buying spots if they know exactly how much money is involved.
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Old 05-20-2015, 10:08 AM   #1106
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I certainly understand what you guys are saying and I'm certainly not calling for him to expose anything financially.

However, I have never really agreed with the whole mentality where people and business are afraid to expose what they make financially.

If PR published his whole balance sheet, I really doubt it would stop anyone from buying this product. Everyone is already aware of the concept of buy low, sell high to make money. Everyone is already assuming the worst and even PR says "this is a break product" and not designed for individuals. People joining breaks are not going to stop buying spots if they know exactly how much money is involved.
Why on earth would he do this? Maybe it wouldn't prevent anyone from buying the product, but what would be the benefit to anyone? What business that isn't a publicly traded company would do this?
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Old 05-20-2015, 10:18 AM   #1107
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Why on earth would he do this? Maybe it wouldn't prevent anyone from buying the product, but what would be the benefit to anyone? What business that isn't a publicly traded company would do this?
Why on earth wouldn't you do it? What benefit does it do to the business to hide this information? What are they hiding? What are they afraid of?

Are you ashamed of your balance sheet?
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Old 05-20-2015, 10:22 AM   #1108
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Why on earth wouldn't you do it? What benefit does it do to the business to hide this information? What are they hiding? What are they afraid of?

Are you ashamed of your balance sheet?
Because it is a tremendous amount of work to track the cost of each and every card?

Because there is no need or requirement to do so?

Because nothing - absolutely nothing - good can come of it?
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Old 05-20-2015, 10:24 AM   #1109
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Why on earth wouldn't you do it? What benefit does it do to the business to hide this information? What are they hiding? What are they afraid of?

Are you ashamed of your balance sheet?
So he's supposed to give up his company financials just because you don't see a reason for him not to? Again, what is the benefit to doing this? Why do you need to see it other than just being nosy?

It's like people are exploiting the fact that he's been very up front about everything and want to see what else they can get.
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Old 05-20-2015, 10:32 AM   #1110
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Originally Posted by kinar View Post
Why on earth wouldn't you do it? What benefit does it do to the business to hide this information? What are they hiding? What are they afraid of?

Are you ashamed of your balance sheet?
Because it's none of YOUR business.

How much do you make a year?

How much is your mortgage?

How much do you spend on cards?
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Old 05-20-2015, 10:32 AM   #1111
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ok....just paid for my box.

checklist any day now.
that's all.

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Old 05-20-2015, 10:36 AM   #1112
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ok....just paid for my box.

checklist any day now.
that's all.

Awesome!

I hope she's a good one.
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Old 05-20-2015, 11:45 AM   #1113
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So he's supposed to give up his company financials just because you don't see a reason for him not to? Again, what is the benefit to doing this? Why do you need to see it other than just being nosy?

It's like people are exploiting the fact that he's been very up front about everything and want to see what else they can get.
just for clarification
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Originally Posted by kinar View Post
I certainly understand what you guys are saying and I'm certainly not calling for him to expose anything financially.
As I said, I understand that it isn't going to happen. I'm not asking will to publish this. I'm just saying that I have never heard any reason why not. The obvious answer is that the business is either obviously hiding something illegal/unethical or there are trade secrets. Neither is correct in the case of PR. So why not?

Quote:
Originally Posted by Bob Loblaw View Post
Because it is a tremendous amount of work to track the cost of each and every card?

Because there is no need or requirement to do so?

Because nothing - absolutely nothing - good can come of it?
Every business tracks a balance sheet.
There is no need or requirement for any business to tell us anything so this isn't exactly a valid question.
What BAD can come out of it?

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Originally Posted by izybone View Post
Because it's none of YOUR business.

How much do you make a year?

How much is your mortgage?

How much do you spend on cards?
I make 72K a year. My mortgage is 1210/mo. I don't spend much at all on cards lately (less than $10/month over the last year).
Now that we are sharing. How bout you?
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Old 05-20-2015, 11:51 AM   #1114
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Old 05-20-2015, 12:15 PM   #1115
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just for clarification

As I said, I understand that it isn't going to happen. I'm not asking will to publish this. I'm just saying that I have never heard any reason why not. The obvious answer is that the business is either obviously hiding something illegal/unethical or there are trade secrets. Neither is correct in the case of PR. So why not?
This is the kind of double-speak that has gotten very popular in this thread. You aren't asking him to do it, don't expect him to do it, but want to know why he isn't doing it and what he might be hiding because he isn't doing it.

Right.

The ROI for the end user and what he spent are two entirely different things. For example, the black label 10s that came back will provide much better ROI than what he spent on the card and grading. Providing the checklist gives everything that anyone should need to know. The actual dollars he spent to get those cards are irrelevent to anyone but him.

Last edited by no10pin; 05-20-2015 at 12:18 PM.
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Old 05-20-2015, 12:23 PM   #1116
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Originally Posted by kinar View Post

As I said, I understand that it isn't going to happen. I'm not asking will to publish this. I'm just saying that I have never heard any reason why not. The obvious answer is that the business is either obviously hiding something illegal/unethical or there are trade secrets. Neither is correct in the case of PR. So why not?
So you think private corporations don't make their #'s readily available to the public for these reasons???????? How about they don't because their is no requirement or benefit of doing so. That is one of the reasons they keep their corporations private.

And you used obvious twice in one sentence which just makes you like unintelligent to start :/
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Old 05-20-2015, 12:28 PM   #1117
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I make 72K a year. My mortgage is 1210/mo. I don't spend much at all on cards lately (less than $10/month over the last year). Now that we are sharing. How bout you?
I don't believe you. Please post scans of your W-2 form & receipts of all your paychecks.
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Old 05-20-2015, 12:47 PM   #1118
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Quote:
Originally Posted by kinar View Post
just for clarification

As I said, I understand that it isn't going to happen. I'm not asking will to publish this. I'm just saying that I have never heard any reason why not. The obvious answer is that the business is either obviously hiding something illegal/unethical or there are trade secrets. Neither is correct in the case of PR. So why not?


Every business tracks a balance sheet.
There is no need or requirement for any business to tell us anything so this isn't exactly a valid question.
What BAD can come out of it?


I make 72K a year. My mortgage is 1210/mo. I don't spend much at all on cards lately (less than $10/month over the last year).
Now that we are sharing. How bout you?
I will answer your questions - why wouldn't he do it?

There are numerous private enterprises throughout the world that are not required to publicly publish their financials. Does that mean they are hiding anything or doing anything illegal? No it doesn't. The assumption that you make, its that because they don't publish, they are. You are very wrong.

Also - why would a private enterprise publish their margin information for competitors to see and undercut on price or product? Its not a trade secret, but it does speak to being able to run a profitable business and limit the threat / knowledge of competitors with respect to how you do run your business.

Secondly - a balance sheet wouldn't tell you how much he made on this product, you are looking for the income statement there in order to truly see how profitable he was. The balance sheet will tell you the overall health of a company in a snapshot of time, but the IS will give you a more accurate picture of his true costs and margins for releasing the product.

Please don't comment on topics you really have no basis for discussing or being able to back up except to say that he must be doing something illegal because he runs a private enterprise
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Old 05-20-2015, 01:23 PM   #1119
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I don't believe you. Please post scans of your W-2 form & receipts of all your paychecks.
^^^This

And my personal information is just that, personal. None of your business.

But besides all that, more, more, and more.
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Old 05-20-2015, 01:31 PM   #1120
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I literally just looked at this thread, and wow, the cards in the product are amazing. I just want to know - can I buy one of those cases without buying the product?
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Old 05-20-2015, 01:38 PM   #1121
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This thread has gone really off the rails. Can we get back to pictures of pretty slabbed cards and sell sheets of the product?
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Old 05-20-2015, 01:50 PM   #1122
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I literally just looked at this thread, and wow, the cards in the product are amazing. I just want to know - can I buy one of those cases without buying the product?
yes its called gander mountain. they are $50-60, i bought one for my gun back in april.
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Old 05-20-2015, 01:58 PM   #1123
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I literally just looked at this thread, and wow, the cards in the product are amazing. I just want to know - can I buy one of those cases without buying the product?
Group Break Lisa.
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Old 05-20-2015, 02:02 PM   #1124
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yes its called gander mountain. they are $50-60, i bought one for my gun back in april.

Nice - I have a huge gun storage one for cards that is a Pelican case but it is huge!
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Old 05-20-2015, 02:08 PM   #1125
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I make 72K a year. My mortgage is 1210/mo. I don't spend much at all on cards lately (less than $10/month over the last year).
Now that we are sharing. How bout you?
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I don't believe you. Please post scans of your W-2 form & receipts of all your paychecks.
Still waiting on those w2's and pay stubs. What are you waiting for?? The obvious answer is you are obviously hiding something from us.
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