Niczar,
I don't agree with all Gary has done, but I'd hardly say he's running it into the ground. I believe that Gary's doing things the old fashioned way by increasing revenue dramatically each quarter. $4 million may not have impressed investors that much for this year, but it's a big multiple of last year.
I believe much of quarterly income comes from distributors and Annihilyzer's already installed, all that's added in the quarter, plus quarterly sales of fluid and equipment during the quarter. It essentially insures the following quarter will be bigger than the past one as it starts with all that's in place at the end of the quarter, and it builds on it.
I suspect that profits next years will go into double digit millions. If we allow for a P/E of 30, I believe each $10 million equates to a penny a share if we allow for 1 billion shares, that would be a $.30 cent share price. I believe $10 million is a minimum, perhaps we could go to $40 million or more, especially if really big orders come in from the U.K. If that were the case, we could be above $1 next year. For this year I'd be happy with the 20 cents I believe we figured $4 million could bring.
Let's see how 3rd quarter comes out in just a few weeks, I don't believe it will be that long before we see a dime.
Gary
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