Blueprint Technologies, Inc. (fka BKSD)

[tchauncy]

BKSD-Q-1 $4.2 mill vs.$537k up 683%. (Read this if you want to have a shot at some serious low risk money)

This totally blows away the estimate I posted yesterday of $3.6 million for the quarter. What is even more impressive is the gross margin jumping from 34.4% last year to 47% this year. And the decrease in cost of sales to 53% this year from 66% last year. Ya’ll there is an unbelievable disconnect between the awesome growth going on here and the stock price. The Company told me when I last spoke to them several months ago after the USVD acquisition that they would do over $20 million in sales this year and it looks like they will.


IMO, If you want to spec on this stock for a trade. Fine, you will make a short term profit. But this is a REAL company trading at a shell price that is worth holding on to some shares for a long term capital gain.

I took a few minutes going back over the past years reporting quarters and ran a comparison of numbers to stock price. (stock price adjusted for the 7 for 1 forward stock split last summer)

1st Quarter 2007 ending 2007-03-1

Total Assets $608,048
Revs 537,377
Gross profit 184,892
Shares outstanding 80,500,000
Stock price .17

2nd Quarter 2007 ending 2007-06-1

Total Assets $851,171
Revs 464,062
Gross profit 224,900
Shares outstanding 80,500,000
Stock price .214

3rd Quarter 2007 ending 2007-09-1

Total Assets $18,333,139
Revs 927,036
Gross profit 371,819
Shares outstanding 87,900,000
Stock price .33

(stock spiked to a high of .71 on July 20th)

4th Quarter 2007 ending 2008-01-2

Total Assets $17,589,342
Revs 3,623,108
Gross profit 1,595,846
Shares outstanding 87,900,000
Stock price .11


1st Quarter 2007 ending 2008-03-1

Total Assets $17,589,342
Revs 4,208,066
Gross profit 1,978,185
Shares outstanding 90,095,106
Stock price .05

Now yes, there is a potential dilution, that could more than triple the number of shares outstanding. But most of that potential dilution is in warrants that have an exercise price between .117 and .135. These are NOT cashless warrants so no one is going to exercise those warrants until the stock is considerably higher than the exercise price. But if they do, they will bring in more then $21 million in cash to the Company. Todays market cap is only $2.7 million! Plain and simple. A short started in this stock last summer when it went up too high. They gambled that the silence of the company meant that things were going bad. They were wrong and they will lose big on BKSD

BTW, if you want to go back and see what it cost the BKSD shareholders to acquire USVD just last October, you will see that lowest share price was .117 and the highest (which was 3 million shares that went to the USVD people) was 3 million shares of BKSD common stock priced at .39!


(*stock price adjusted for the 7 for 1 forward stock split last summer)



[From the 10q]

Quarter Ended March 31, 2008 compared to Quarter Ended March 31, 2007.

Revenues, Cost of Sales and Gross Margins

Total revenues from operations for quarter ended March 31, 2008 were $4,208,066 compared to $537,377 reported for the same period in 2007, representing an increase of $3,670,689 or 683%. This increase in revenues is primarily due to acquisition of US Voice & Data, LLC (“USVD”), which accounted for $3,735,243 of the increase, partially offset by the decrease in sales for Brookside Technology Partners of $64,554.
Cost of sales was $2,229,881 for the quarter ended March 31, 2008 compared to $352,485 for the quarter ended March 31, 2007, an increase of $1,877,396 or 533%. This increase in cost of sales is due to the acquisition of USVD, which accounted for $1,889,920 of the increase, partially offset by a decrease in cost of sales at Brookside Technology Partners. As a percentage of sales, cost of sales was 53% and 66% for the quarter ended March 31, 2008 and 2007, respectively. This decrease primarily due to increased profit margin realized on sales consummated in the first quarter 2008 versus the comparative period in 2007. This improvement in cost of sales as a percentage of sales is primarily attributable to the Company’s focus on higher margin, non-governmental business during the first quarter ended March 31, 2008.
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Table of Contents

Our gross margin was 47.0% for the quarter ended March 31, 2008 compared to 34.4% for the quarter ended March 31, 2007. The increase in gross margin percentage is due primarily to the Company’s focus on higher margin, non-governmental business during the first quarter ended March 31, 2008.



http://www.sec.gov/Archives/edgar/data/1367001/000095014408004183/g13469ae10vq.htm