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Re: horje04 post# 2081

Saturday, 04/07/2012 2:47:08 PM

Saturday, April 07, 2012 2:47:08 PM

Post# of 13897
All im saying is they have been doubling revenues for the last two years. If they continue that trend, and you add in a little internationl business hitting this year, they can easily hit 25 mill....if not more.

Dugas explained to me that current monthly burn rate can handle 50 million in business if it was to come there way. If 25 million in business comes there way, I see there being at least 5 million in esp bank account end of year vs only 126k end of last year. To me that is a pretty drastic improvment on balance sheet. Then just think about 2013 if that occurs.

"slow and steady wins the race"

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