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Re: snow post# 697

Thursday, 05/18/2006 3:06:27 PM

Thursday, May 18, 2006 3:06:27 PM

Post# of 4721

Look at it this way:

"For the three months ended March 31, 2006 revenue was $2,440,544 compared with $2,442,466 for the whole 2004.

The net loses for the 2005 4 Q's are:

($346) ($390) ($324) ($258)

Once the official 10-K, and the 2006 Q-1 10-Q come out, based on today's "tips," one can expect the bottom line (the net revenue) to further improve. Then, given the fact that the company is clearly positioned for growth, one can expect positive net revenue in the very near future. In fact, I expect when the 10-K will come out the company to also come up with some good forward looking predictions (expanding the business beyond heating oil, expanding the geographical area it covers, etc.)

Whomever it's not satisfied with the financial results of a company with a PPS of around 0.02, I suggest you to look at other good potential Energy stocks. For instance, go and check out: FTRS, with NO proven revenue, plenty of debth, yet trading at $2.7's. Just compare the two (or also look at the numbers, or lock of them for say XSNX) and then decide where you want to be.

Enough said,

Mike


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