Replies to post #473 on Gulf Resources, Inc

[war_eagle]

The number of shares in Q2 was 122,168,842 basic and diluted which divided by 4 is 30.5 mil. There may be 31.6 mil. The pr's from 9-9 and 10-12 contradict each other on share count since the acquisition was suppose to have closed on 9-30. Anyway, it's not enough of an increase to worry about. If profit margin stays like it has, any rise in revenue should be a boost in profits. IMO

That's all I'm asking for.

[RS500]

Q3 will not have as bigger impact on the PPS as Q4 due to the recent purchases of competing companies, that said I will go out on a limb and predict the earnings will be .37+ps Q4 now will be a block buster considering that they will have fully implemented the ramp up in production.

Also bear in mind that they are always ultra conservative in their guidance.