Identa Corp (IDTA)

[midastouch017]

Several here are getting excited about the prospect of seeing $1M + in sales for 2012, but is there really anything to get excited about?

I cannot answer your question, Vits. I can only be reminded
of the CEO sales projection for 2006, way back at 2005 in
an Israeli newspaper (i think i posted it about the time
i founded this board). Yaacov was pretty sure that 2006 sales
will exceed the $ 1 million .....(but mind you, A/S was
2 billion or less if memory serves me correct)

If past performance reflects future, you have your answer.


Having said that, if the $ 1 mil/sales is reached in 2012
it will naturally depend on net revenue too, if at all.