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Re: buythebuy post# 3330

Thursday, 02/18/2016 10:30:47 AM

Thursday, February 18, 2016 10:30:47 AM

Post# of 26233
Well we do know a few things...

The Argentina project was commissioned post 3rd quarter. That should be a good boost to 4th quarter sales.

India was ramping up and had about 2,000 completed units. Everything I read about India was positive, last article was from January.

As for sales, this is what we do know..

2011 - ZERO

2012 - 11,000

2013 - 896,000

2014 1,764,000

2015 4.5 million (my estimate) as 2.7 million reported through 9 months announced, Argentina deal done and India sales, minor US sales.

I have never seen a company not at least have a chance with sales growing exponentially like this. That said the continued dilution, which only recently seemed to slow down a bit has taken my best case price scenario down from .01 cents to about .006 cents. Representing a 40% decline in a few months.

We will know what we need to know in the next few months.

One major headwind is the continual decline in oil prices. However if that turns soon, and India remains strong it would not take a lot of money to get this company on a much better footing.

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