InvestorsHub Logo
Followers 2
Posts 143
Boards Moderated 0
Alias Born 04/17/2006

Re: Wr1tersEdge post# 585

Wednesday, 05/24/2006 11:29:12 AM

Wednesday, May 24, 2006 11:29:12 AM

Post# of 63003
Gang, there's another Naples News article from 4/28/06, whose contents, I believe, may have gone unnoticed. It's actually one that I got very excited about, in a dollars and cents kind of way.

http://www.naplesnews.com/news/2006/apr/28/area_robotics_company_forms_two_alliances/?business

Let me paste one excerpt from this article here:

Founded in 2000, Mesa started small, selling only four or five robots in its first year, Jones said, but it has grown steadily since then. In the company’s best year, it sold 40 to 50 robots. Under the alliance with Innova, sales could grow to 1,000 annually, Jones said. He thinks that number can be achieved within 18 months.“We have all the pieces in place. All we need to do is start building,” Jones said.

* Now looking at those numbers, they're estimating a tremendous amount of growth. I don't know what their revenues look like at during a year where they sold 40-50 robots, but could you imagine what kind of revenue they'd have at sales of 1000 robots - and more importantly, what that means in revenue for Innova!?!?! This has to be huge.

* Now couple that with the $2MM in revenues they're targeting in the next 12 months with the CoroWare aquisition.

Riddle me this? Would anyone like to venture a guess as to what kind of revenues Innova may be seeing from the total of the 2 things (*) above in a 12-24 month timeframe? I would love to see the result of that in our share price!!!!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COWI News