One down and four to go. NMKT should have five major announcements to make between now and May 15. Today was announcement #1. The other four announcements should be #2) a reduction in the number of fully diluted shares #3) An announcement of an AMEX listing #4) An announcement of at least one stock dividend #5) a great first quarter report. I am very concerned about this SB thing. I hope it won't furthur delay the AMEX listing. I wonder if fully diluted share count will come down with a higher share price? If some people convert now they would receive fewer shares of NMKT common because the price is higher. It looks like fourth quarter profits were around $1.4 million. The first quarter should reflect some profits from Unione, but the second quarter should reflect a lot more. We only owned Unione for a few weeks during the first quarter, but we will have it for the entire second quarter. I'm guessing that Unione made $918,000 last year because thats their target goal to get a bonus if they make more than that in 2006. With some organic growth and new contracts recently announced I think Unione will make over $1 million in 2006. I continue to hold to my forecast of $6-9 million in total profits for 2006. With 150M OS that would be EPS of 4-6 cents. With a PE of 25 we're looking at $1.00 - $1.50. I'll take that for this year with a much higher goal for next year. If we make about $1.6-$1.7 million in the first quarter we will report about a 1,500% gain in net profits when the first quarter gets reported. The second quarter could be more like a 2,000% gain since the first and second quarters last year only brought about a $100,000 profit each. It was nice to see accounts receivable drop by $5 million. That has been one of Charleo's big gripes.
