rrm_bcnu.. At current margins, PLNI would of needed $23 million in revenue to cover the general selling & administrative costs 9 months ending 9/30/06.
I would LOVE for you to explain how this is going to happen. You guys say you are long but you won't tell me how the company is going to realize these revenues. Okay.. AV CB adds $7 million sales, let's say the company see $1.5m gross. I'll give you the benefit of the doubt and be generous by saying the already existing company adds $7m in revenue themselves for $1.5m gross.
You're $9m revenue short of covering selling & admin costs. Where's it coming from? More negative quarters is the results. If you think Turek can just keep buying more and more companies with more and more shares, and be successful, then I don't know what to tell you. I got no idea how many shares he plans to give AV CB for that business. This thing would literally have to be in the TRILLIONS of shares for him to get the necessary revenue to pay off the selling/admin costs. And all that just to earn a very small net income?
This is mind boggling.
As to your link.. It puts a minor dent heavy selling that's been happening for the last 2-3 weeks.
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