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MikeDDKing

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MikeDDKing

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Re: Hairy Calls post# 248772

Wednesday, 11/30/2011 9:43:58 AM

Wednesday, November 30, 2011 9:43:58 AM

Post# of 275594
From the INX.V / INXSF Q3'11 MD&A: "In the third quarter 2011, the Company entered an outsourcing agreement with a major US company that will cause In-Touch to grow faster – and significantly beyond the 25% growth target for the year. The Company now expects FY 2011 revenue growth to be close to 50%."

If revenue growth is 50% for the year, I calculate Q4 revenue would be $2.925M which would be a sequential increase from $2.763M. They only had two months or so of revenue from CGS so a sequential growth in revenue makes sense.

Mike

SwingTrade is my favorite board - #board-1781

Due diligence on my favorite stocks is located on the sticky note on the SwingTrade board.

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