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Re: FinnWeed post# 104400

Wednesday, 10/18/2017 3:48:51 PM

Wednesday, October 18, 2017 3:48:51 PM

Post# of 111920
If they only report $60-$95k for Q-3...well, let's just say, I really hope that's not the case.

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