Puration Inc (PURA)

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Let's do some simple sixth grade math. I'd say 2019 revenue target is closer to $2MM than $4MM. Here's why.

We are at mid-year. Any revenue from any "new" private label contracts would not be realized until 2020 given it takes over 6 months just to "initiate production" as seen with Generex. 2018 revenues were $1.2MM, so on the average say, $100K revenue per month. Having lost their largest distributor, and the east/west coast distributors announced recently are suspect, I don't see how they can exceed this number.

So, $1.5MM + $600K = $2.1MM

Comments?