InvestorsHub Logo
Followers 30
Posts 6987
Boards Moderated 0
Alias Born 06/23/2010

Re: skipsvalue post# 234679

Friday, 11/17/2023 2:50:43 PM

Friday, November 17, 2023 2:50:43 PM

Post# of 235019
It seems like the best scenario would be if they could earn close to $4 Million/year, creating the prospect of full debt resolution within 5 years. Those are very rough number, based on a recollection that they had a stockholders deficit of roughly $19 million, which to my limited understanding, is unresolved to date. $3.8 million/year works out to about $316,667 per month. So, at $8/ mo / customer, they would need around 39,583 customers paying $8/ month. However, some of their business contracts are bringing in much more than that, so it’s challenging for any layperson without proximity to what’s really going on with their partners and client base to even hazard a guess how soon they could achieve that level of momentum. But it is not impossible they could have revenues of $4 million a year over time. What that time frame is, is a key question.