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Re: Net-Man post# 45846

Monday, 04/14/2014 11:56:04 AM

Monday, April 14, 2014 11:56:04 AM

Post# of 53980
Net-Man.......2 machines/quarter for this fiscal year should yield about $2.8 million in gross sales, at an average of $350K per machine.

Take half of that away for cost of sales/manufacturing leaves $1.4 million in gross profits. With current costs estimated to be about $100K/quarter, that would yield an even $1 million in annual profits.

$1 million in annual profits, at the conservative p/e of 20, puts us at a market value of $20 million.......at 200 million shares, a pps of 10 cents per share.

All eminently achievable, as you indicate, by the end of this FY of 6/30/14.
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