Replies to post #22032 on Atwec Technologies Inc (ATWT)

[stevo51]

I really like your numbers not bad for a stock that closed a half a penny,chances like this don't come along that many times in a traders life..

[Joe Burmeister]

I hate to be the one to burst your bubble but your analysis was based on incorrect information.

Steve's revenue summary from VLF's email was misinterpeted.

The percentage increase from quarter to quarter is in reference to the FY2006 and NOT on the previous quarter.

http://www.investorshub.com/boards/read_msg.asp?message_id=13530301


Posted by: dmondial
In reply to: pickspicks1 who wrote msg# 21660 Date:9/23/2006 5:12:36 PM
Post #of 22070

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