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Re: None

Wednesday, 04/11/2007 11:07:00 AM

Wednesday, April 11, 2007 11:07:00 AM

Post# of 92056
Just as an example...for every thousand units we have up and running in the states, or the EU when the GSM is out, let's say there is an average $4 residual per month (just a conservative figure), per unit.....that is $48,000. per year going to HISS's bottom line per thousand trackers.

If you want to be more conservative...let's just say $40,000 to $45,000 per thousand units, in residuals per year. When you start talking 2,000...3,000 units...then you are looking at somewhere between $80,000 to $90,000 for 2K units per year...and then $120,000 to $135,000 per year with 3K units.

We should reach the $40,000 to $45,000 range this year, and maybe soon, at our current pace.....and getting up into the other residual ranges should not be far behind. A couple more trucking companies, law enforcement agencies, school systems.....the residuals are still going to be a significant yearly factor going forward.



Vancouver Island, British Columbia, Canada August 2006