Wednesday, April 16, 2014 12:22:26 AM
Revenues doubled from prior year. (Actually tripled since $440,000 hasn't been collected but under contract).
They lost $40,000 for the year(includes a lot of money they put back into the company such as expansion of their facility and opening new facilities)
If you added in the $440,000 they didn't collect, they would be $400,000 profitable or $0.05 per share. At standard multiplier of 15 =$7.50 per share. 20 mult = $10 per share
For 2014, we are already adding a revenue amount of $440,000 to start the year once we collect.
If we ONLY had the same revenue for 2014 as 2013, puts us at revenue of $1,200,000. That won't be the case. We already know of some very big orders. Revenues conservatively should be around $2,000,000 for 2014 with easy profit of $0.10 per share. 15 multiplier = $10 per share, 20 mult = $20 per share
The stock should be trading on 2014 numbers right now. $10 stock right now is where we should be
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