Thanks. 24 sounds great. Due to the lag time between signing licensees and them reporting revs I would be happy if there are 18 in the 3rd q, 21 in the 4th and 24 in the first q 2016.
I think those last 3 are all owned by the same company and are existing clubs that are being re-branded to carry the Scores name. So when it happens it should happen almost overnight.
Maybe some of the new ones we haven't seen the details of yet are the larger 10K per month licensees.
We also could see a settlement with the Detroit club which would boost earnings quite a bit.
I am looking forward to details on this magazine as well.
Hopefully the rapid increase in licensees continues into next year.
Once the third q results are released I will try to spread the word. It would be nice to get the boardmarks up to 100 before the release of the Annual report since I think that one will be the largest revs and profits in company history. And with a small space of time between the annual report and the first q report(which hopefully is the first with 24 licensees) we could see back to back record revs and then this should really be moving.
More followers means more competition for shares and eventually I would like to see this trade at the premium p/e it deserves with their pristine balance sheet and rapid growth.
The balance sheet should continue to improve and their cash position should grow rapidly.
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