Friday, August 14, 2020 6:39:43 PM
This was for 2020Q1:
REVENUES:
Product $162,648
Licensing $7,000
Equipment leases $102,534
Total Revenue $272,182
COST of Product, licensing and equipment leases $148,850
NET PROFIT from Product, licensing and equipment leases $123,332.
and this is my current wild guess for the FULL YEAR 2020 (based in part on indication by Gary that Revenues should comfortably be well above $4M):
REVENUES:
Product $3,000,000
Licensing $400,000
Equipment leases $2,000,000
Total Revenue $5,400,000
COST of Product, licensing and equipment leases $1,350,000
NET PROFIT from Product, licensing and equipment leases $4,050,000.
This could point towards a share price of $0.21 (based on 30 PE ratio & 585.7 Million shares)
My current wild guess for 2021 .... Five-fold from 2020 ... Getting the share price to $1.00.
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