Friday, November 08, 2013 10:50:41 PM
So I say look at the big picture, the accountant will book that transaction for that month as $500,000 x 2= 1mill
Plus the 100,000 in profits = $1,200,000 a month in revenue and we all know that a stock price depends on revenue so the 10Q will look like $3,600,000 for the quarter so even if the first financing deal is high when the 10Q comes out with that kind of revenue FLST will be able to get a much better financing deal and a lot bigger line of credit.
So you see it doesn't take a lot of money to go from no revs to big revs just look at the big picture and we know with those kinds of numbers over $3.5 mill in revs in just three months the price per shares will go up and so will the valuation of FLST and with those numbers will come better financing.
I agree in what you say quote "in the real world business works with real numbers" and these are the real numbers with just $500K imagine with a $5 mill line of credit.
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