Branded Legacy Inc (BLEG)

[Fallingknife75]

I have been playing w/the numbers a bit here to forecast revenues for Q4. Here is what I have come up with as an estimate and why:

Q1 Revenues - $70,606 Gross Profit - $48,895 Gross margin – 69%
Q2 Revenues - $82,905 Gross Profit - $62,228 Gross margin – 75%
Q3 Revenues - $87,863 Gross Profit - $51,070 Gross Margin – 58%

Total Revenue - $241,374 Gross Profit - $162,193 Gross Margin - 67%

In the company’s March 29th PR Medico stated:

As the company undergoes its year end audit, it can assure that revenues from 2018 exceeded $350,000.

Using that number and subtracting the first three quarters we get: $350,000 - $241,374 = $108,626 in estimated Q4 revenues. Q3 had the lowest Gross Margins but they are also the most recent so I will use that number. $108,626 * .58 = $63,003 Gross Profit estimated. This represents a sequential revenue growth rate of 21.3% which is pretty solid. The Gross margins have a wide range and will be difficult to predict going forward especially with the new product mix coming on line.

I look forward to learning more about the debt reduction/restructuring and any remaining dilution potential in the 10K filing; this will help determine if this becomes an "investment" or remains as a trade IMO.

All the best,

Knife