Help me out here someone
If ECDC had 258% YTD Revenue increase would that put us at
1,162,274.00 for the year?
If so, if Quarter 3 produces similar results (Trends) lets say 250 % that would put us at
2,905,658
And quarter 4 minimum 250% trend
7,264,145
Now there have been deals signed that should seem to hit in the 3rd & 4th quarters that would raise that 250% trend.
If Rogue paper and Earthsearch can continue to sign new deals and continue to bring in more revenue, which the SAP & McLeod deals should give access to significant revenue streams we should see the dependence on shares decrease right?
For me it's how you look at it..... is the company positioning it's self with the resources being acquired from shares I would say yes.
What have we done with the shares well lets see
Debt conversion and
Student Connect has tremendous potential, but a high start up operational cost. (share holders paid for this) What will make student connect successful MARKETING & BRANDING. I'm glad to see Kaye hiring Good solid executives as this shows me the commitment to the success of the division! We should start to see ROI in the 4Q with student connect! (That's my goal and opinion of course.)
Earthsearch has equipment that is used for their business (well again Shareholders have paid for that cost), but we are also seeing some ROI within Earthsearch with a few deals signed this year and The SAP & McLeod deals!
Rogue Paper Bought with shares and financing from shares (which essentially means us shareholders) I would like to see a little more growth from RP. I think Stephanie should be able to grow this division if not we might want to look for a leader that's a bit more aggressive. I know it's still a new market technology, but we need to be capitalizing on the market now and not lagging behind the big players.
Vir2o is still going to need additional capital to get off the ground, but the foundation is being laid for the launch.
From the looks of things we are on a good path. If the business keeps developing like it is.
Now if Kaye keeps on with dilution then it's going to be harder and harder to recover the share price!
My hope is he keeps it at or under 1B. Once ECDC revenues outpace the expenses we should be able to look for more traditional Capital Funding sources outside of shares and predatory lenders.
Just my view
GLTA
