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Monday, November 14, 2016 8:17:29 PM
On the one hand, Kyle said that he's looking for something like $7.2 million in sales for this fiscal year based upon his goal for 10% growth. On the other hand, if we simply annualize the first quarter's sales, that would take us to $10 million. Now we already know from the annual 10K that the January-March quarter is the low-seasonal quarter, so perhaps that $10 million number might only be $9 million in sales for the year.
Hopefully there'll be a press release (or the shareholder meeting that Cash mentioned) that will begin to address the questions regarding sales outlook, prospects for profitability, progress on finding better sources of capital, degree of satisfaction with the market-makers in the stock, governance of a family company in a publicly traded environment, the explanation of "derivative liabilities," and probably lots more that I can't think of at the moment.
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