InvestorsHub Logo
Followers 6
Posts 1307
Boards Moderated 0
Alias Born 08/15/2006

Re: idkmybffjill post# 4565

Wednesday, 05/25/2011 12:15:21 AM

Wednesday, May 25, 2011 12:15:21 AM

Post# of 6835
2 1/2 cents a share with 200 million shares is $5 million = 1x last year's sales. If current sales are $7 million for 5 months and they anticipate 30% of $36 million in process (and they are probably being conservative to not disappoint again) would mean annual sales of $17-18 million for this year so a revenue growth of $250,000 in 2009 to $5 million in 2010 to $18 million in 2011 should earn a higher revenue multiple than 1x last year's-- even at 1x current year revenue $18 million would be 9 cents a share and the growth rate should lead to a spillover on the upside-- presto: 12 cents a share.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.