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metropick

09/23/06 3:12 PM

#21665 RE: pickspicks1 #21660

Did Alex say what the revs for 2006 were?
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dmondial

09/23/06 5:12 PM

#21764 RE: pickspicks1 #21660

To add to what picks mentioned on revs. (remember alex tends to be conservative)

First, the fiscal year used to coincide w/ calendar year. So FY2005 Ended 12/31/05.

During FY06 they changed the beginning & ending months of the fiscal year,...so FY2006 only ran from Jan'06 through aug.'06.

Fy'07 is now- aug.'07.

UNAUDITED REVENUES FY2005 = $151,447

UNAUDITED REVENUES FY2006 = $156,210 (only 9 months)

FY07 Q1 Projected revenues = 200% INCREASE OVER FY2006 total
my math says Q1 = 156,210+(2x156,210)= $468,630

FY07 Q2 Projected revenues = 300% INCREASE OVER FY2006 total
my math says Q2 = 156,210+(3x156,210)= $624,840

FY07 Q3 Projected revenues = 400% INCREASE OVER FY2006 total
my math says Q3 = 156,210+(4x156,210)= $781,050

FY07 Q4 Projected revenues = 500% INCREASE OVER FY2006 total
my math says Q1 = 156,210+(5x156,210)= $937,260

For a grand total of $2,811,780 in FY2007

conservative estimates