InvestorsHub Logo
Post# of 200546
Next 10
Followers 5
Posts 156
Boards Moderated 0
Alias Born 03/30/2019

Re: None

Friday, 08/16/2019 9:04:17 AM

Friday, August 16, 2019 9:04:17 AM

Post# of 200546
Per the last 10Q, the company had about $100k in equipment leasing and licensing revenue. If you divide that by $7500 you get around 13. Then you have to divide that again by 3 since the company gets $7500 per month per machine and that gives you around 4/4.5 installed machines which is right in line with what Jody stated with regards to how many installed machines they have had. Now I doubt that Jody can disclose any additional installed machines to a single shareholder so even if they have installed additional machines beyond the 6 that were stated, I'm not sure if that could be disclosed.

Regardless, $7500-$8500 a month begins to add up quick. If the company installed 100 systems they would generate about $10mm a year in recurring revenue. Since they tend to do 3-year deals, 100 systems is nothing..... and profitability will be insane....

I'm sure there are people out there who are going to sell today due to the delays. That is warranted in your opinion. With that being said, there are going to be a lot of people soaking up those shares today. If all of us hold and weather the storm, it might be tough for a day or two, but long term I see significant upside. Staying in this together is what will push this up.