OK, so Camwater profit is supposed to be about 10 million dollars which works out to 1 cent per share if 1 billion shares are issued - which will probably happen soon.
Plus there are other contracts out there with income. So it is looking better than I thought.
Still don't know if/when the income from the CAMWATER deal will go on the books though.
Anyone know? If we get funding soon, would that income be incremental over time as the project is completed - which will take a while I assume, or would it all get booked up front?
Still, even if not the calendar year, it would mean plus 1 cent per share profit for the company over the course of 12 months.
I guess you still have salaries, etc. to take out of that, but still, I would think 1 cent per share would be doable.
If we were to trade at 5 times earnings, that would be 5 cents a share and if more orders come in, then we could easily jump even higher.
Yes? No?
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