Correct me if I am wrong but the May 31st PR about the 57 units to Two Men and a Truck franchises is completely seperate from R&R sales recent success. R&R has definitely proven their worth. April sales were up 17% from last year and that was just from R&R getting started. May they logged 40 units sold. June so far 15 units. We should start to see at least 50 units a month for the the next 12 months (at least).
Based on information I received from their sales department that equates to revenues of $25,000 base unit sales, $1,250 one time activation fees, and $2,000 recurring monthly monitoring fees. I'm going to assume (worst case) that R&R does not mark up the PlanetTRAKS units and therefore would take say 20% off the top. Most likely they mark up the product and "resell" it. That still leaves $20,000 per month for the base units. I think PLKC would get ALL of the activation fees and monitoring fees since they provide the service. So basically we are looking at $23,250 the first month increasing by at least $2,000 per month as monitoring fees continue. By the end of this year alone that is a monthly revenue of over $35,000. Annualized that comes to $420K. Not a gold mine but definitely a great start for a company that was once thought to be dead.
Now those projections are ONLY the R&R sales. Have to figure the company will sign on a few other distributors this year as well as continue to add internal sales contracts. So we should realistically double those figures. IMO we should see over $1M in sales for the current fiscal year. That doesn't quite get us to profitability but it does provide that cash flow to prevent further dilution and sets us up for bluer skies. Hang on to your shares cause this one is going higher. Need proof, check out last August when a similar situation was mounting.
