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Re: mackwheaton post# 80

Sunday, 08/11/2013 11:29:02 PM

Sunday, August 11, 2013 11:29:02 PM

Post# of 730
Per the call SG&A expenses now down from $1.5 million per month to 1.0 million per month. Revenues tracking back over $15 million per quarter. All 40k per month saving from closing of NY facility. I expect net income to increase from 2 cents this quarter to 6 cents for 3q. I also expect PPS to run up to $1.50 before end of year.

But near term PPS might actually fall back because the 2q revs were down from 1q. If insiders do not buy, PPS could drop to 75 cents. If I am right that gives a chance to double up in less than 5 months.
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