InvestorsHub Logo
Followers 14
Posts 435
Boards Moderated 0
Alias Born 08/31/2014

Re: A deleted message

Tuesday, 11/15/2016 2:36:01 PM

Tuesday, November 15, 2016 2:36:01 PM

Post# of 8579
BobKS, while there were two back-to-back $1 million sales months, the first of the two was June (which belongs to the fourth quarter of the prior fiscal year) and the second was July (the first month of the first quarter of the current fiscal year). A few of us here had been getting curious why August revenues hadn't been celebrated, and now we know why - the string of million dollar months was broken...and presumptively not picked up again in September.

Apart from all this, as also has been pointed out (fervently by Katloose), $2.5 million in sales for one quarter is on track for $10 million for the full fiscal year...and thus it is a bit strange to see the company valued at only around $1 million, even with its debt structure challenges.