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Re: artmaniac post# 66901

Saturday, 07/30/2016 11:15:33 AM

Saturday, July 30, 2016 11:15:33 AM

Post# of 235061
Their gross revenues will be within that range but their net will be much lower. Part of the challenge with SFOR's finances is that they don't keep most of the profit on each sale of GID. I am not sure of how the other products are structured but it may be similar with MobileTrust as well.

SFOR pays retailers a lot of money to sell the product and transact the sale that they only keep pennies on the dollar. Maybe their new website has changed this where they are now controlling the sale but if not, their net will be significantly lower than your projects.

Regardless I would love to see them sell that within or above that range as that would still show major revenue growth on their part, show they are building a solid customer base, and provide them with good year-over-year revenue increases as the majority of this years customers renew next year!

I've been a GID customer for years now and and shareholder over a similar period. I sincerely hope SFOR is finally ready to make some major moves in 2016 and beyond...