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Re: Mikelongstock post# 1619

Friday, 11/10/2006 1:04:59 PM

Friday, November 10, 2006 1:04:59 PM

Post# of 11034
Stemclock, the quarter ends on 9/30... correct me if I am wrong, but LifeStem wasn't open for business until 8/15.

That gives them 1.5 months to apply to this quarter's earnings... if you go by the 3.9m revenue figure, it should account for about $475,000 for the quarter.

Also, I am assuming the projection of $3.9M is probably based upon multiple microbanks. I'm not sure how many were up and running at 9/30, so $475,000 could be a somewhat high forecast.

There will be many microbanks open by this time next year when I expect revenue to be dramatically higher, but for this quarter, I am not getting my hopes up... based on the volume, I don't think to many investors are either. GLTA.

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