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Birch69696969

04/30/24 2:25 PM

#46445 RE: trader59 #46444

Yeah but there isn’t 12 million revenue for ReachOut Technology. All the hype is gone. When the 10k comes out next month we might see a bump in price. This is a startup company. It was February 2022 and no 8 digits revenue yet. With our new acquisition add 1.7 million dollars. Rick needs to have more acquisitions. As many as he can afford.

SF971

04/30/24 3:07 PM

#46448 RE: trader59 #46444

Read the last paragraph above key line items. ReachOut only included results from the date of acquisition 9/29-12/31.

The way I read the proforma is the $2,750,642 Revenue for ReachOut was from 9/29-12/31/23 or 3 months.

Just multiplying that by 4 is a yearly ~$11M Revenue for ReachOut.