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Good morning all, looking forward to this weeks action here
Nice action here this week
DCLT getting some action today, tiny S/S and 10-K filed over a month early
Using the below statements from the 10-K I was able to come up with a revenue projection given to us by management.
84% of 600,000 equals 504,000
For these three customers to end up being less than 50% of total revenue DCLT would have to produce over 1,008,000 in sales which would be growth of over 65% year over year. This is the type of explosive growth we've been waiting for
These statements were taken from the 10-K filed for 2015.
At December 31, 2015, we had over 1,000 customer/subscribers for our Direct Lynk System, which customers are relatively small, paying cumulatively an average monthly fee to Data Call of $10,000. We also have several larger new potential partner/clients that are testing our Digital Link Media products, and we expect that some or all of them may be expected to become significant clients in the near future. During the years ended December 31, 2015 and December 31, 2014, we were dependent upon three major customers, who accounted for approximately 84% of our revenues.
Notwithstanding the forgoing, based upon recent communications with several potential clients who are volume users and/or wholesale distributors of digital signage content and content management systems, we believe that during 2016, several new clients will contribute significant revenue which should materially reduce our reliance on our three major customers to less than 50%. As a result, we believe that that we should become far less reliant on a few business clients for our source of revenue. However, there can be no assurance that our belief will prove to be justified or, if justified, that such trend will continue for any future period, if at all.
Due March 31, 10-k
The first thing I will be looking at is the note they have been repaying. Once paid off it will free up more cash flow for r&d and new products.
actually 31st, forgot there was 31 days in march
March 30th
Out at .42
Something tells me I am not going to get much sleep tonight
Averaged down to .24...
Just grabbed some Jan 29 8.50 calls at .29
Happy New Year
Liking the action here
Thank you, took profits on the weeklies...paid for half my long term calls. Looking to hold them for a bit.
Went with a few 11.00 weeklies as well
Bought a few calls here, not weeklies...A little ways out
Potential monster in the making here imho
I might need to borrow those gloves while reading your posts
Thank you FREEBANDZ, thought my fives would have filled by now. Might have to get in by slapping that ask
Watching here with small starter bid in place
Glta
Thank you, yes we did...here's to hoping we catch a few more.
Lol, been out of the game for a bit and looking to get my feet wet again. I may try a few here, get back on the horse.
Any thoughts on TINO
Anyone watching TINO?
Any thoughts on TINO, watching here
P.S. That 300k was me...??
Was just comparing q2 and q3 reports and I noticed the company paid down another 12k or so on the convertible note due next June. Brought it down to 34k.
No doubt their heading in the right direction, any awareness here and we fly again, maybe this time we hold gains start really building shareholder value
Nice one Le2!!! Strong stock you have here
I just took profits elsewhere, freed up a pile of cash...I'll be ready when this sleeping giant awakes....she was just waiting for me....lol
Patiently waiting here
10-Q should be filed soon
Very cool...Thanks for the update
Thank you, and thank you for the reminder...
Thank you mick, I picked a few I normally pass on but enjoy watching them play. gltu as well
Rose, Mcllroy, Fowler, Furyk, Moore, Garcia, Stenson, Palmer, Bohn, Mickelson
Very nice! Just a matter of when, we run
confirmation of the anticipated deal will send this much higher imo