To help you further see the stupidity of the OTC and why Anshu is ready to get to a higher exchange... consider these very conservative numbers.
Anshu says low ball estimate of $58 million in revs for 2020. And understand that Anshu always underestimates earnings. But let’s go with $60 million to make the math super easy.
Q1- $8 million
Q2- $12 million
Q3- $15 million
Q4- $25 million
That totals $60 million for the year and would represent between 250% and 400% gains for those filings over the same quarter from the previous year.
Anshu made it clear in the letter this week that we would be in hyper growth phase and would outdo the 150% gains from the previous two filings.
He also said we would reach a $100 million run rate by the end of 2020 so we would obviously have to be at $25 million in Q4 for that to be true. The run rate is basically your most recent quarter times 4 to project what the next year would look like if nothing changed. So by Q4, we would need to be at $25 mill to have a forward run rate of $100 million. Make sense?
Anshu has never been wrong with his estimates. In fact, as I stated earlier, he tends to go low on those estimates.
So my round numbers of $8mill, $12mill, $15mill and $25mill would demonstrate the type of hyper growth he is talking about.
Back to the original point of this post. People sold at the opening on Friday!!! No different than when Anshu showers us with incredible info during a conference call and people sell off hard the next morning.
The OTC is for players. And for idiots apparently. It’s Not for investors.
As I have now stated about 700 times... this uplist is a GREAT thing and we will see our real gains once on the big boards.
So happy to have a CEO with massive goals and a roadmap to actually attain those goals.
To the dumb asses (probably phony longs who post here) that sold this morning...
Cheers! Lol.
