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Wednesday, October 03, 2012 1:25:19 AM
300k in REVENUES is what i would expect as a first deal from a small company pounding out widgets...
Everything has to start somewhere.
$300K is what I would consider as a confirmation that revenue generation has commenced.
This could be from a first pilot shipment one week before the end of a quarter, or could be limited by initial production facilities, but once revenues are being generated and expected to continue then facilities can expand very rapidly in this industry.
Remember that silkworm numbers can increase at the rate of 100X every 60 days or less, and $300K/qtr, $100K/mo. can rent a whole lot of worm farm expansion space and pay a lot of worm jockeys.
Your $3 million would not be long in coming, and $300 million not long after that.
Mike L.
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