InvestorsHub Logo
Followers 11
Posts 1148
Boards Moderated 0
Alias Born 06/15/2013

Re: Clifford22 post# 7241

Monday, 02/09/2015 12:59:22 PM

Monday, February 09, 2015 12:59:22 PM

Post# of 17079
Q3 of last year had sales of $2.2 million. Multiply that by 4 and you've got $8.8 million; call it $9 million.

A year of sales that reaches $10 million is a little over 10%. Do you see them admit that? No; they talk about how a $3 million quarter is 100% growth compared to the quarter a year ago. They don't tell you that Q4 a year ago was 50% reduction from Q3 a year ago.

They need to be having $10 million quarters, not $10 million years in order to start making money. In the last year they had almost no growth, yet for next year they claim they're going to have 100% growth, but with no real plans of how they're going to get there.