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Tuesday, January 24, 2017 10:39:05 PM
Revenue for the six months ended November 30, 2016 totaled $115,153
For full year 2016, Bemax Inc. is increasing its outlook for revenue to a range of $3.5 million to $4.5 million, up from a range of $2.73 million to $3.3 million.
* Extend sales and distribution channel to the U.S. market through Amazon.
* Increase volume of purchase orders by $3.4 million
* Negotiate new competitive pricing with existing Bemax private label distributors to increase sales.
Ref: http://www.marketwired.com/press-release/bemax-inc-reports-second-quarter-2016-results-2188373.htm
https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11782802
So based on these facts, are we predicting revenue for the coming six months(12/2016 - 05/2017) is minimum $2.6M ???? tick tock!!!
$BMXC
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