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otcbargains

11/13/15 10:10 AM

#1808 RE: badman #1807

If the third q looked that good I would be forced to sell everything else I own and just go all in here.

On the low end revs of 540K and a net profit of 400k looks like 2nd q 2016 results to me and the high end revs of 700K and net of 550K looks like 4th q 2016 results after adding more licensees.

I will throw out some guesses but admittedly this q is wide open to me since there have been so many new licensees added without me knowing exactly when they will start to earn revs from them. I think future q's results are easier to predict than the current 3rd q.

I will say on the low end revs of 275K and net of 150K. That would beat last years 3rd comp handily.

On the high end I will guess revs of 500K and net of 375K. This would include some type of settlement from the Detroit lawsuit and revenue generation from a few of the new clubs that have not appeared on previous reports as well as a couple of the clubs catching up on past due payments. Houston and Indiana are two possibilities.

Actual guess - Revs of 325K and net of 200K. That would crush last years 112K net for the 3rd q and only include a couple of the new additions providing revs.

4th q should show a big jump and 1st q should as well but will include the 90K bonus so 2nd q should once again show a big gain over the first and by then hopefully we are hearing about a slew of new licensees.

Should be exciting.

More people will need to be aware of this prior to the annual report and the 1st q report which follows just 6 weeks after the annual because I believe those are going to be the q's that show the largest jumps in trailing revs and profits.

Will be spreading the word.

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Traderfan

11/13/15 12:08 PM

#1809 RE: badman #1807

For Revenue, a low of $540,000, and a high of $700,000.


Unfortunately that wasn't even close. Gonna be interesting to analyze these numbers. At least now I know why there have been all this selling when it was rather illogical.