News Focus
News Focus
icon url

WhartonEric

07/20/06 1:42 PM

#186743 RE: Zorax #186741

Negative? I am not being negative at all? I am joking around and having fun. I wish people would stop trying to play "MOM and Dad" to me by sending me PM telling me I need to get thicker skin and I won't last as a penny trader. Please, I am not bashing GZFX. I am just having fun with everyone else. Don't you notice the LOL's on the ends of my sentences? That usually means the writer is laughing and having fun. Please, stop worrying or commenting about whether I will make it or not. Although I appreciate your concern, I will be perfectly fine in the world. I promise.






icon url

jack8973901

07/20/06 3:25 PM

#186764 RE: Zorax #186741

can gzfx even hold on to the subs they get from cc? moving into canada and the UK, that was really a dumb thing to say when they have less than 10k subs in the US. Why bother going into another country when they can't even make it in this country? that is a blatant attempt to pump by a penny ceo, not a good sign of jf's intentions imo.
icon url

KlausVT

07/20/06 4:07 PM

#186793 RE: Zorax #186741

s5 -

IMO we just need to go what was published in the quarter/annual filings and project from there and see whether the next QSB will fit or shows increased subs.

In the last 10-KSB it was stated:
<From November 2004 through October 2005, when we commenced
tracking our customer base, we have consistently maintained a monthly
customer base of 3,000 customers
. As of the end of December 31, 2005,
we have increased our customer base to approximately 6,000, which such
growth can be attributed to more public awareness of our Company.>

So at end Q4 we had 6,000 subs

In the next QSB the statement was:
<During the first quarter of 2006, the Company's subscriber base
averaged approximately 8,000 subscribers per month>

So starting Nov '05 the sub base increased from 3,000 end October to 6,000 end December which is an average increase of 1,500sub/month. From Jan to March we had an average of 8,000sub/month which translates into an average increase of ~1,350sub/month for each of the months Jan-March (6,675+8,025+9,375)/3=8,025sub/month ending up with 10,050 subs at the end of March. So we could expect this trend to continue (not assuming steeper sub increases) and should then end up with an average of ~11,400sub/month for the Q2 increasing revenue from $400,000 ($16.67/sub) to $570,000 and 12,750 subs at the end of March.

So if we end up in this ballpark I'm OK with it because it would also indicate that we've maintained the steady increase which I then would expect to increase somewhat during Q3 as more and more CC stores come online and AAFES should kick in.

Cheers