Sino-Global Shipping America (SINO)

[value1008]

They would have to do $2M in net income for a 0.20 EPS figure to be reached. Not sure they can do that this qtr. Remember that the $280k they get from Singapore Metals will be partially offset by the $125k they had to pay to settle the rest of that claim by the former VP.

I'm going to write the IR fellow Adam to see if we can get further info on the timeline for the repayment of the $3.49M cash advance. If it were to all happen this qtr, or at least in time to be announced in next qtrly earnings report, it sure would look fantastic for the balance sheet to see the cash holdings jump so much.