Saturday, December 10, 2016 8:36:19 AM
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=164035
Great increase in margins. So given their current revenues, they're looking at $4 million in revenues per year. Around .01 EPS for the year going forward. Not bad. But nowhere near the $30 million in revenue they're projecting in 2017. They would need an all-out blitz in product, promotion, major orders, etc. and that costs money...which would likely lead to a loss. So they grow slowly instead to remain profitable. That's fine. But they need to find a pathway to garner more revenues through cheap/free promotion. Maybe they think their current methods will blow up. They just might. But the monster numbers being thrown around in PRs and on these boards need to stop. Let's hope Q4 shows $1.5-$2 million in revenue and even better margins and EPS. Then you'll start getting heads to turn.
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