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Re: Decatsmeow post# 6550

Monday, 12/19/2016 11:40:28 AM

Monday, December 19, 2016 11:40:28 AM

Post# of 8579
Good morning, Decatsmeow, and let me give you some good news by addressing a small misconception in your post. It happens that VHUB is on a June 30 fiscal year, so we are eagerly awaiting Q2 results which should reach us in mid-February, as contrasted to the ten-week wait for annual results.

The company has already told us in the most recent 10-K that the current fiscal quarter is the seasonally slow period for the year. Accordingly, sales expectations should be modest (the benchmark would be $1 million per month, or $3 million for the quarter, so expect something less than that), so what you might think of as a poor sales performance may actually be in line with expectations.

Have a great week for yourself!