Replies to post #18679 on MedClean Technologies, Inc.(fka MCLN)

[DiligentInvestor092738]

I think management based their 100% compounded annual growth mark around forecasted numbers regarding sales partnerships. These partnerships were mostly built during the first quarter, therefore rendering it difficult to add any revenue to first quarter. We might see a huge increase in the coming 3 quarters of the year.

All the best!

[jour_trader]

I can many can understand your frustration. One tip that might be of benefit for this stock & others that when a CEO provides specific future sales outlook - cut those figures in half to be realistic. They are lofty goals for various reasons.

Their PR of 100% comp. annual growth hasn't come to fruition as of yet, but their deadline hasn't passed either. We don't know what they were thinking, but many traders perceived that the sales would be spread, or mostly spread throughout the year. If 10-Qs for Q2 & Q3 are just as fruitless then we know this was nothing but a smoke & mirrors game.

Best of luck.