Replies to post #51743 on Bantek Inc (BANT)

[horst]

Add $33,012.99 revenue for July 26 bringing last quarter's known rev totals to:

$1,717,705.22 - known revenue July 1-26 + July 27 Coast Guard PO

$1,859,155.22 - that July rev. + other known quarterly Coast Guard rev

$2,325,150.22 - above rev plus a handful of quarterly PRed contracts.


all this data is available at FPDS.gov and Governmentcontracts.us

Based off the above Howco July revenue, it means Howco is averaging $63,618.71 in revenue per day for last quarter, for a projection of $5,852,921.49 in just federal government revenue for the quarter, which would be approximately a +50% quarter over quarter increase. This is just reported federal revenue - Howco has other clients including state agencies and commercial clients. Presumably the Drone biz is generating some revenue as well. I look forward to updating this next time a massive purchase order is reported. We know they happened from assorted PRs, just a matter of time.