News Focus
News Focus
Followers 49
Posts 4907
Boards Moderated 1
Alias Born 01/05/2005

Re: wadegarret post# 15525

Thursday, 07/07/2005 4:01:16 PM

Thursday, July 07, 2005 4:01:16 PM

Post# of 174977
MFIC's 15% projected growth rate for '05 will be a thing of the past with its recent deliveries of the new M-700 Microfluidizers which were just introduced in May '05 and anticipated shipment of MMR's in late '05 or '06. The MMR's will have a $1 million price tag and will be marketed for the production of nanomaterials with very high yields to a broad range of Fortune 1000 industrial companies. In a recent CC the CEO said he expects to grow the company from $12 million in revenues in '04 to a range of $35 million to $100 million in the next few years. Here is what the CEO said today about future growth although no guidance was given:

"We anticipate realization of significant additional revenue enhancement in 2005 and beyond from bookings of additional orders for the M-700 series systems with the Constant Pressure Option. The Constant Pressure Option is one of the products
of MFIC's reinvigorated R&D program that was accelerated in the second quarter of 2004..."


Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today