Wednesday, October 18, 2017 3:48:51 PM
We don't know how many of those 12k units sold were shipped in Q-3, so that may alter projections. I would think a good portion since they only reported $50k on what we could assume was a small number of units shipped.
Since markets are forward looking, they have to do a major shift in revenues to maintain forward projection of PE ratio at 30, which I'm taking into account last 2 quarters and being generous with the following two -- and calculating they'll turn net positive for FY17 lol ( they're currently negative ~$1M net inc). I'm assuming they can at least squeeze out another 15k units for Q-3, and do that x2 in Q-4....again, unlikely! I'm also capping losses at customary expenses minus "other" line item expenses like debt conversion, and tightening margins by 30%.
Yikes, that's a tall order, but if anyone is interested in seeing 52wh's by early part of next year and have their eggs in the revenue basket, then we need to realistically see a major fundamental shift starting in Q-3 as hype alone won't succeed in market progression and will only take pps so far.
IMO It all comes down to a series of well timed news releases, as I don't believe revenues alone will be the fundamental driving force to achieving my short to mid-term objective, but we'll see what happens with Q-3.
Good luck to you.
.......CB
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM