every day im hustling
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Yes with right press
No selling pressure today
That's almost a million a year right there
Loading up down here is a no brainer. Dugas has horrible pr skills, but he has been lowering overhead. I do t know what he's waiting for to speak to public on all these issues.
Is there a phone number to contact company?
I agree should see .30 end of year
Same here, it will come, just taking longer than we thought
I'm hearing we won't see profitability till 3rd quarter 2013 with dugases new structure. It would be great to see this happen for it will put a lot of minds at ease!
When will these contracts finally be awarded to us sterv
I agree
They are the worst when it comes to PR. I'm here 4 years myself and I feel this will be the year we make moves to higher exchanges. Moving into oil and gas services for these big companies in addition to supping petrochemicals will bring us the revenues we need to move up.
Can't wait for the new year, hopefully we hear about what's going on overseas
lets hope they come out soon so stock price could get back on right track here.
I now believe this will be the last quater to be able to purchase ESP in the teens. News and numbers are imminent.
Correct, that's why I say worst case scenario, or unless we don't hit 8.2 million. We could even hit beyond 8.2 if international starts kicking in this quarter. But either way your explanation was great, and I still think that will. E at minimum
thats if expenses stay that high, so yes I believe those numbers are worst case scenario. Nice post cougar
Hey Terry, what is your take on the future of ESPI, continuing at this rate of growth, lets say a year from now???
i'm feeling same way fasol, I feel like it's only a matter of time. Can't swing or day trade it. You gotta just be in it, and forget you own it. Consider it like your own personal 401k plan, that can't be stolen from you.
My feeling is there will be No stock price increase until a new significant contract is announced overseas. That's whats gonna bring volume and price up to signal a buy to new investors. Until then "you have to be in it to win it"
If you were to exclude international, yes! Just my thoughts.
i am praying to the god of patience, to please instill some patience into my brain. waiting for these contracts is going to be nerve racking now. haleluia. everyday feels like an eternity now a days!!!
200 million plus in revenues by end of next year is my prediction. so with that i figured 2000% increase on my investment. My money is parked here until further notice. Also not selling till a buyout probably comes along.
why so salty terry? What do you have against this company? why so negative and sarcastic with great news brewing?
Earnings Monday please?!?!??!?!?
What are the administrative expenses that you argue about?
I'm trying not to get too excited, lol
I been in this company over two years, holding on strong. My avg is about where it is now. Patience is a virtue I don't have, that I force upon myself with certain situations. I hope this one pays off!
When will ex finally get back to penny land?????
Btw, I just downloaded I hub app for the iPhone, works well and keeps you logged in.
Cessna and friends are just very salty they invested at the wrong time. They can't get over it, and instead of trying to make money with Espi by averaging down to let's say .15 a share, they continue to stay salty. Once they become cash flow positive, we will have a whole new swarm of investors. No sellers will matter!!!
lol, im thinking this is the year we start the move towards dollar land. Depends how big international really is!!!
Just a theory I guess, and I also put my money where my mouth is!!!
the proof of my theory will hopefully start to appear in q1 earnings of 2012.....I am keeping my fingers crossed and I believe "the force is within Dugas"
All im saying is they have been doubling revenues for the last two years. If they continue that trend, and you add in a little internationl business hitting this year, they can easily hit 25 mill....if not more.
Dugas explained to me that current monthly burn rate can handle 50 million in business if it was to come there way. If 25 million in business comes there way, I see there being at least 5 million in esp bank account end of year vs only 126k end of last year. To me that is a pretty drastic improvment on balance sheet. Then just think about 2013 if that occurs.
"slow and steady wins the race"
What about international? What about a quarterly increase in revenue domestically? Increase in the fracking revenues from more machines that are being constructed?
Thats where I got 25 million
the way i see it is if total overhead is 500k a month and gross profit being 50% to round it down, on a 5 million dollar quarter:
1.5 overhead
2.5 cost
should leave us with a 1 million in profit, and tax free since we still have some carry over losses....
Now with that said, lets picture a 25 million dollar year:
12.5 cost + 6.0 overhead=18.5
25-18.5= 6.5 million profit, and most of it tax free since we still have a carry over...
someone please correct me if i am wrong
read the 10k. 90% of the losses was the stock sold at a discount to keep company afloat, and cost of promoting our services in the middle east. Now that all that is written off, if we do have a 4.5 million dollar quarter, we are finally looking pretty sexy. at 50% profit margin + 1.5 million in overhead= 750000 profit q1
10k, in a rush, and for those who dont know where to see it go to pinksheets.com, go to espi, then click on financials
we will see how 1q 2012 report comes out. revs should be over 5million if we go according to previous growth % year over year. you can see everything has been written off already if you guys even know how to read a 10q report. this time next year we will be singing a different tune. im thinking on the beach with pina coladas and beautiful women in bikinis all around me, lol