This last letter must have been put out sometime between the last two acquisitions, (Oct-Dec), since the closing of the wainwright deal is not included.
Getting to a $4 price might be difficult if done organically. If they do need a reverse split to get to a major market then so be it. Hopefully we'll see some incremental steps in share price prior to any potential reverse.
In a short time there should be substantial increases generated by the NZ business and even the SK security business (they even had a sales goal included on the purchase deal).
Income from the Wainwright business will most certainly be the whip cream and cherry over the whole CNCG group. The prior 8k's and pro-forma data lists what can be expected from this.
So in a nut shell we have a small public company still in the penny phase that is actually starting to maturing as promised. (Pass the Clearasil).
At the very least the increasing revenue will get the company visible on the radar of many financial filters, but that requires investors to do some work. If there were just a small bit of PR added to get a few trusted analysts reviewing the company we'd be climbing to that multi-$ point in no time.
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