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Re: None

Monday, 12/05/2011 10:57:18 AM

Monday, December 05, 2011 10:57:18 AM

Post# of 46420
guys, check out the spin.pk board on ihub.
Company guidance for 2012 is to make 0.30-$0.35 EPS, which means PE less then 3 as of right now. last Q they made 4 cents EPS, so the company is on the track to 100 percent yoy growth. one of few and real pinkies...I still have my PBLS certificate on the wall with slogan "think sometimes, you idiot" smile


SPIN guidance--HOUSTON , Dec. 5, 2011 /PRNewswire/ -- Spine Pain Management, Inc. (OTC.BB: SPIN.PK - News), a rapidly growing specialty medical management and finance company, is introducing guidance and providing various corporate updates. Dr. William Donovan , Chief Executive Officer, stated, "We are pleased to convey financial guidance reflecting strong growth on the top and bottom line, and report on various developments."

Guidance

For 2012, assuming no external financing to support further prefunding of receivables, we expect net revenues of $11.5-$12.0 million , and earnings per share (EPS) of $0.30-$0.35 . This assumes receivables collection accelerating sequentially, albeit at a lesser rate than the projected increases in total accounts receivable.

We expect that for every $1 million of external pure debt financing raised, we can generate, on a full year basis, approximately $2.5 million of net revenue and $0.08 per share in EPS. We are currently in active discussions with several financing sources, although there can be no guarantee of closing of such a transaction.

For the fourth quarter of 2011, we expect net revenues and EPS to approximate $1.7-$1.8 million and $0.04-$0.05 respectively. This is in line with performance in the third quarter of 2011. It reflects the slight seasonal effect whereby the holidays somewhat retard billing and collection activity. Absent the seasonality, sequential growth from third quarter to fourth quarter of 2011 would be more defined.

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