Friday, December 07, 2018 12:53:10 PM
It is probable that sales will be booked in Q1 2019. And therefore probable that SGLB will become profitable in Q2-Q3 2019, providing that all goes reasonably well. The NASDAQ lists a little over 3300 companies. As of mid 2018 a little more than something like 52% of them were not profitable. Don't hold me to the 52% though. It has been a number of months since I last saw the number. But it was a preposterous number of companies not showing profits of any kind from operations. In the first three quarters of 2018 83% of all IPOs for USA companies were not producing profits from operations. Profits are hard to come by. And there is nothing that Wall Street loves more than a profitable company. SGLB becoming profitable will immediately move the company to the upper ends of the list that Wall Street pays attention to. So who knows what the share price will become. But I am pretty sure that more than a few SGLB millionaires will be made.
All the best,
Silversmith
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