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Re: microcapinvestor post# 65

Tuesday, 09/11/2007 1:25:26 PM

Tuesday, September 11, 2007 1:25:26 PM

Post# of 473
Correct me if I'm wrong, but:

Revenues here seem to be growing at a record clip. From the brisk research I've conducted thus far, MMIO logged just over $4.6M in '06.

If you look at revs for the 1st half of '07 ($3.4M), last week's announcment of the completion of a $1M deal, and today's news that a $2.1M project will be wrapped up by the end of the new year - the "potential" run rate extends to roughly $5.5M. Keep in mind there are still 4 more months of the year for the company to generate even more revenues.

Obviously there's a high degree of risk invloved here with the price being what it is, amongst other factors, but, the reward could be pretty nice. Any thoughts?