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alanthill

08/16/16 11:55 AM

#44519 RE: kanya #44516

Max, why worry, just look at the numbers. Let's see, they have carry over losses from Q-1 and 2 of $1.2 million. Their expense rate is now running at about $800,000 a quarter and let's assume that remains relatively constant throughout Q-3 and 4. In order to show a profit in 2016 they would need to have a gross profit in the last two quarters of $3,000,000. That's only 10 times the gross profit that they earned in the first two quarters (remember this is profit and not revenue). Is it possible? Sure it is with some very major orders. Does it appear probable at the moment? You be the judge, it's your money.