GC China Turbine Corp. (GCHT)

[GorillaGorilla]

Hi FanPaw,

I don't know of any guidance.
I'm working from the presentation given in the Ibox. They have financial statements for the next few years. It's near the end.

2010
Rev $88 Million
Net Income $22.7 million - I think Geo applies standard US tax rates so perhaps thats more conservative?

After yesterdays announced financing I'm using 59,470,015 shares outstanding. Which I calculate as 52,570,015 for intital merger, 6 Million for follow on + 500,000 for $1,000,000 covertable at $2. This was slightly less than the expected 62 Million I was using from Geo guestimate. So that gives me $0.38 cents - but you could revise that down by applying a stricter tax rate.

What do you make of that PR 3rd Sept that included the intention to deliver the 128 million order within 6 months? It would kinda make the estimates a bit low.

rich