Quote, "If we're taking bets I'd say $2.47 million."
Sounds like it would take insider trading or similar info to get that kind of accuracy? Most company's can't even predict their own numbers to that kind of accuracy until they actually "close the books" via final numbers.
How would it be possible to know sales to within 2 numbers after the decimal? Not $2.46 million and not $2.48 million - but EXACTLY $2,470,000 dollars? Based on what criteria unless it's coming from the inside IMO?
Again, unless the company has already rolled up their own final numbers for the qtr- I'd be surprised if they can even give that kind of accuracy until all accounts receivables are booked, any pending payments are deemed to be "booked as revenue" or not (one has to read the company SEC filing details on specifics as to when they "book" certain revenues- at time of sale, or when payment arrives, or other various methods)
I don't see how knowing that number would be remotely possible unless it's already known inside the company IMO.
Bigger question IMO- who cares about "revenues"? Are expenses still outgrowing revenues and will the company take a bigger loss from operations this year over 2013, as they have so far up through the Sept 2014 10-Q quarterly filing. "revenues" really make no difference if the cost of sales and then higher SG&A expenses have eaten it all up as happened essentially so far for the first 9 months of the year- despite R&D being cut by a huge $400K plus. The operational loss through Sept 30th was larger yr over yr for 2014 than in 2013.
How much massive dilution has occurred - new O/S share count. And how much more toxic debt financing has been utilized if any and has the Magna credit-line been tapped yet and for how much and are common bills still being paid by issuing out 10's of millions of shares of common, dilution stock as is the norm per all most recent 10-Q and 10-K filings (stock issued for stuff like accounts payable, "consulting" or "related party debt" or "services rendered" etc). Those will be the first things I'll be looking for in the 10-K. They have a much bigger impact IMO than just top line "revenue". Last qtr, the cost of sales ate up most of the revenue- the gross margin was like only 10%.
My 2 cents. I don't see how one "guesses" 2 places after a decimal point- seems impossible to me w/o some "help", like maybe an inside line or some data given ahead of time?
