Right. In my opinion, this point has flown totally under the radar. Taxable income is what you get after expenses, deductions, exemptions. Effectively, Dennis is talking about 5 million in profit for 2010. 25 million in PROFIT for 2011.
Given that he's seemed to keep his expenses low, and they are establishing a low-overhead model, I don't see the revenues being that much greater. Time will tell though, and I'm excited to find out.