InCapta Inc (INCT)

[KlausVT]

s5 -

IMO we just need to go what was published in the quarter/annual filings and project from there and see whether the next QSB will fit or shows increased subs.

In the last 10-KSB it was stated:
<From November 2004 through October 2005, when we commenced
tracking our customer base, we have consistently maintained a monthly
customer base of 3,000 customers. As of the end of December 31, 2005,
we have increased our customer base to approximately 6,000, which such
growth can be attributed to more public awareness of our Company.>

So at end Q4 we had 6,000 subs

In the next QSB the statement was:
<During the first quarter of 2006, the Company's subscriber base
averaged approximately 8,000 subscribers per month>

So starting Nov '05 the sub base increased from 3,000 end October to 6,000 end December which is an average increase of 1,500sub/month. From Jan to March we had an average of 8,000sub/month which translates into an average increase of ~1,350sub/month for each of the months Jan-March (6,675+8,025+9,375)/3=8,025sub/month ending up with 10,050 subs at the end of March. So we could expect this trend to continue (not assuming steeper sub increases) and should then end up with an average of ~11,400sub/month for the Q2 increasing revenue from $400,000 ($16.67/sub) to $570,000 and 12,750 subs at the end of March.

So if we end up in this ballpark I'm OK with it because it would also indicate that we've maintained the steady increase which I then would expect to increase somewhat during Q3 as more and more CC stores come online and AAFES should kick in.

Cheers