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Re: Odessa99 post# 73681

Wednesday, 03/18/2015 6:59:31 PM

Wednesday, March 18, 2015 6:59:31 PM

Post# of 80869
I wrote about working capital a few days ago. People who don't know better just look at one thing and freak out; they don't understand the full scope of how companies operate.

On another note, you mentioned yesterday that you think that Q1 will be huge. Based on their guidance, I don't think that it will be. My guess is that they will do in the $45-$50 million range.

Another thing that I have not seen anyone mention came from their conference call. The CFO said that they paid $7.1 million for Biozone, which provided $12 million in revenue last year. With 10 weeks into the year, Biozone has provided more than $7.1 million this year.

"BioZone Labs, which we acquired in January 2014, accounted for $12.3 million of our sales growth for the year and $2 million in the 2014 fourth quarter. Recall we did acquire BioZone in the first quarter of this year for $7.1 million in stock, and that we have already surpassed that mark in revenue for this year."