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CyberJ

10/09/20 11:30 AM

#135259 RE: niczar #135253

Even if 3Q were $880k still better than all 2019 $780k revs,
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Evaluate

10/09/20 2:34 PM

#135285 RE: niczar #135253

you wrote:

If Q3 doesn’t come in at 1.5M or more this will get easily knocked down into the .01 range.
Past experience tells us that even with good numbers this won’t move up.


I think you are wrong.
My current guess for Q3 Revenues is $1.2 Million, at which point they should show a Net Profit (before other expenses, such as depreciation and other debt-related expenses).
I suspect that all they need for breakeven would be Revenues of around $1 Million, assuming that their expense ratio improves just a bit (which I expect, since I assume that the expense related to bring on new distributors will be much lower than their recent overall expense ratio of close to 50%).
So even at just $1.2 Million, I think the share price would improve from the current $0.25.
At the $1.5M revenues that you posted ... I think the SP could improve even more dramatically.

In regards to past numbers ... they have not yet shown a Net Profit, so any positive impact from increasing revenues may have been muted due to that reason. Once we get past break-even, then I think the enthusiasm to buy share will increase.