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Thursday, August 27, 2015 12:17:46 PM
I am not sure. It is possible that in addition to the 5K per month for each club they will also receive an additional $8,333.00 for the next 12 months.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116438703
I have been using the low ball estimates for everything and still come up with the cheapest stock around. So if they do in fact receive those extra funds going forward then it is just the cherry on top.
This is what future q's should look like without the 8,333 per q.
SCRH - There is no better growth story in the vmc arena. Nor is there better fundamentals.
Over 1.2 mil in revs and net profit of 700K for 2015.
1.8 mil in revs and net profit of over 1.2 mil in 2016.
Existing licensees
1, NY 22,003
2. Chicago 43,867
3. Balt 35,645
4. N.O. 30,000
5. Tampa 30,000
6. Atlantic City 30,000
7. Scoreslive.com 2,264
8. Houston 30,000
9. Harvey 15,000
10. Indiana 15,000
11 Savannah 15,000
12 Jacksonville 15,000
13 Providence 30,000
14. New Haven 15,000
15. Columbus 15,000
16. Greenville SC 15,000
17 Mooresville 30,000
4 about to open. I will assume the smaller 5K per month royalty figure.
18. SCORES PRESENTS CHARLOTTE 1 15,000
19. SCORES PRESENTS CHARLOTTE 2 15,000
20. SCORES PRESENTS HICKORY 15,000
21. SCORES TOLEDO 15,000
That means quarterly revs of $448,779 for 2016 based on 21 licensees and we both know they will be adding more.
Otcbargains Undervalued Penny Plays
http://investorshub.advfn.com/Otcbargains-Undervalued-Penny-Plays-23198/
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