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Re: None

Friday, 01/26/2018 10:07:56 AM

Friday, January 26, 2018 10:07:56 AM

Post# of 10282
Saw some wild speculation going on here and just wanted to remind everyone that in the end by spring we will be able to get around 4 shipments a month- lets say averaging 650k per shipment minimum. That's 2,600,000 a month minimums.

Time 12 that is 31,200,000 if every shipment is ONLY 650k.

Now of course subtract the absolutely, horrendously, ludicrously expensive pay for Berstos. (Who in the entire world has every heard of a working CEO making over a million?!?!? Never!!! /s) Let's say he gets himself a bonus- Subrtract 2 Million.

$29,200,000

Oh darn, I forgot lets put in our maximum costs for running two ships. Say 3 million a year.
-3,000,000
-3,000,000
____________
23,200,000.

Well, we have to pay these people......

Okay lets say Berstos is being a little generous and paying what an average US crew would be paid.

Rank Total US$

Master 3,633
Chief Eng. 3,302
Chief Off. 2,346
1st Eng. 2,346
2nd Eng. 1,879
2nd Off. 1,879
3rd Eng. 1,811
3rd Off. 1,811
Elec Eng. 1,879
Ch. St/Cook 1,879
Bosun 1,205
AB 1,078
AB 1,078
AB 1,078
ERR 1,078
OS 802
Stew 919

Total US$ 30,002


Of course x2.

60,004 a month.

For 12 months

$720,048 to pay both crews for 12 full months.

Subtract
__________________________________________________

$22,479,952.

That would be a rough total in revenue IF we made about the minimum average on each shipment and only did 4 a month AND if we paid our crew fair wages AND if Berstos ups himself to 2,000,000.

I am just saying that passing up on an OTC with the potential for over 22,479,952 in revs would be a little ludicrous.



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