HydroPhi Technologies Group Inc. (fka HPTG)

[WealthWithoutGreed]

Thank you for posting Roger's reply!

Using the "unaudited" numbers for 2014 & the data stating the monthly # of trucks from the FMCSA website, I can make a case for 2015 revenues being somewhere between $29 mill and $53 mill.

$53 million estimate math
2014 Average truck units=86 (1026/12 I added each month & divided by 12)
2015 Average truck units=169 (2026/12)

86 trucks generated $27.3 mill in 2014 or $317,441 each
169 trucks could have generated $53.6 million ($317,441*169) using the same ave $/truck as 2014.

$29 million estimate math
A more conservative estimate is to use # of miles times the aver per mile charged in Chicago of ~$2.

Using the 1.3 million miles driven in one month (Say in December 2015, when they had 180 trucks) Apply that to May 2015-December--8 mo's-- same # of trucks= 10.4 mill miles.
157 trucks in Feb, Mar, April is 87% of 180 trucks apply .87*1.3 mill=1125 miles X 3 months= 3.4 million miles
115 trucks Jan is 64% of 180 trucks. Apply 64% X1.3= 824,000 miles

Add 10.4+3.4+.82= 14.5 million miles driven in 2015. Multiply by $2 per mile average gets you an estimate of $29 million revenues for 2015.

$29 mill in revenues is great-- even on more miles driven-- because as fuel prices dropped in 2015, so did the fuel surcharges that trucking companies collected.

All this is IMO. It's just using what's out there to project possible revenues for 2015 until we get the audited numbers.

In any event, any trucking company generating close to $30 mill or more in revenues & is profitable, deserves a market cap of 75%+ of their annual revenues. That translates into $.05 or more as fair value for this stock IMO.

Where I got my number of truck units from:
https://ai.fmcsa.dot.gov/SMS/Carrier/1848543/History.aspx