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Re: Guts post# 18913

Monday, 08/04/2014 1:23:09 PM

Monday, August 04, 2014 1:23:09 PM

Post# of 24848
Guts, now it looks like Q3 will be $12M+ vs. a Q2 of $5.2M. I agree the p/s will be more reflective as they string together successive months and quarters of increased revenues.
Maybe the 10Q due 8/15 or 8/30 if filed late will indicate they are cash flow positive as of 6/30 when Q2 ended. Conservatively speaking, if they earn roughly 30% profit from the revenues, I think they are already profitable. I do not know.
Anyway, one month down and 2 to go in Q3. July revenues of $4.1M gets us off to a fast start for a strong Q3. Like other longs, I'm expecting the p/s to catch up to the vastly improving fundamentals. Thanks.