Manuka Inc (fka MNKA)

[midastouch017]

Amen to that,

>>As we noted earlier in this report, the “sales cycle” for major security contracts is a long one, sometimes taking a year or more, but once a contract is signed, the Company can look forward to a growing stream of recurring revenues from high-margin ink sales for years to come. We believe the sales and marketing efforts undertaken by management during the past twelve months will begin to bear fruit in 2005, when we estimate that revenues will more than triple to $3.0-$3.5 million. If our projections are realized, INKS should become profitable by the fourth quarter of 2005, based upon our assumption that the Company’s “breakeven” revenue level approximates $1.1 million quarterly. We expect revenues to expand at a 100%-plus average annual rate for the next couple of years and at a 50%-plus annual rate for the balance of the decade.<<

And of course to some of the other estimates,

Dubi