Thursday, July 20, 2006 5:01:40 PM
<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.
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last part should really read ...end up with an average of 12,075 sub/month for Q2 increasing revenue to $604,000 and 14,100 subs at the end of June.
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