InvestorsHub Logo
Followers 0
Posts 138
Boards Moderated 0
Alias Born 04/30/2008

Re: hawkeyes8 post# 1893

Wednesday, 04/30/2008 11:14:21 AM

Wednesday, April 30, 2008 11:14:21 AM

Post# of 59551
Financials - I asked several questions about IMGG's financials. I think that the share price will increase when we begin to see some sales. Sales leads to profits and a positive PE ratio. Decembers financial statement showed a loss of 701,000. How many units would have to be sold at $200,000 to $250,000 each to show a profit? At 40% to 50% gross profit and an ability to curently produce 10 units a month it does not seem that it should take to long.

Thank You Dean for the great conference call.