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Tuesday, May 21, 2013 12:36:51 PM
ES by Total reports $700k revs in 1 month since being with RENU. Let's extrapolate that into the rest of the year: (June-Dec) $700k x 7 months = $4.9M Now, to appease the skeptics, let's cut that in half (just for grins and chuckles), so, let's say rest of 2013, Total brings in $2.4M in revenues
Oh.... and yep, they are expanding into FL. Just for numbers sake, let's say they don't get up and running until October. So, 3 months of sales, let's be conservative and say $500k.
Now to TEI: Notice to Proceed should be coming very soon, then the Building Construction Permit, and completion of building by 8/31/13. This means IMMEDIATE revenues from CNG. From the webinar, they are predicting 800k gallons gasoline equivalent per year. So, Sept-Dec = 4 months or 1/3 of a calendar year, so 800k/3= 266,667 GGE @ $1.75 per = $466k in revenues. But, to be conservative, let's about half that, and expect $250k.
So, by year end, we should see revenues of: $2.4M (Total NJ) + $500k (Total FL) + $250k (TEI/St Cloud)= $3.1M total revenue.
If those numbers can't get this to a penny and beyond..... I don't know what can.
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