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Re: tob999 post# 24773

Tuesday, 03/29/2011 12:00:48 PM

Tuesday, March 29, 2011 12:00:48 PM

Post# of 148373
I have done my dd on this stock.Its says clearly that the company made "During the first 9 months of 2010, we had top-line revenue of $101,808."
Lets assume that the remaining 3 months brought in a further 33936
dollars.Thats all in all 135744 dollars for the entire 2010.
In January they increased the sales with 16 %
135744/12=11312 x 1,16=13121.February gave a shot of 56 % i.e
13121 x 1,56=20470.And with March 20470 x 1,25 (to be kind)=25587
Jan+Feb+March= 13121+20470+25587=59178 estimated for the entire
Q 1
If there is no growth we can assume that the company makes
59178 x 4 =236712 in revenues for the whole year.To make 3,000,000
in 2011 gives a growth of 1267 %.And this in an environment with
gigantic competitors.If 3 mill revenue fall out be true the stock should trade at 0,033
Thats my math