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Wednesday, July 08, 2015 5:51:11 AM
I'm very stale as an accountant, but somebody on this board maybe can confirm my suspicion that the company will recognize a gain on this transaction of about $400K (roughly ten cents per share on each of four million shares). That 400K, while not a matter of being part of calculating net profit from operations, still would be part of the overall bottom line - and that's what could trip the entire year's results into being just about breakeven. ...which in turn could propel this stock in a few months when year-end results will be promulgated. I can see Paul Knopick's press release reading something like "VHUB in less than two years has attained the progress of exceeding $5 million in annual sales, a near-breakeven bottom line, and long term debt of roughly only half a million dollars."
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