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Re: alaskacobalt post# 6994

Wednesday, 04/14/2010 8:13:04 PM

Wednesday, April 14, 2010 8:13:04 PM

Post# of 29028
Part of the issue is that they had not reported regularly right! so we don't know quarter over quarter results. However from that PR:

The company had $2,168,236 in revenue, an increase of over 17% from 2008 with a net income of $(18,891).



Still points to thge fact that they ONLY lost 19K. Now, take the announcement later in that same PR and stated in other PR's:

I would also like to take this opportunity to state that our Revenue and Net Income goals for fiscal year 2010 are projected to be as follows; $10,000,000 in Revenue with approximately +$2,000,000 in Net Income."



and couple that with today's news:

generate nearly $1,000,000.00 in additional annual revenue



and:

a move which will ultimately save us over $100,000 in rent and related expenses per year


that 100K is PURE profitso even if sales are flat, the move should allow them to MAKE 981K. Add the other revs and their profits and BAM!! IMO
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