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hoarseman

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hoarseman

Re: grooverider post# 10536

Wednesday, 08/31/2011 8:11:02 PM

Wednesday, August 31, 2011 8:11:02 PM

Post# of 79678
Just IMO..but I'm sticking around I have faith.

I have that same faith, but its not a leap of faith, it's based on numbers. If the recent PR's are accurate:
"MediSwipe Signs New Merchant Contracts for Over $150,000 in Monthly Processing Volume"

That is approximately $500,000 per quarter of revenue. If expenses remain the same (approx. $200K-$250K) then there is about $250K-$300K of net revenue per quarter coming in the next 10Q. That is significantly higher than the last two quarters.
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