With 715 million shares outstanding, the Company would need to gross approximately $32 million in annual sales to justify a share price of even 10 cents. Following this split, we can support a 10 cent share price with annual sales around $4 million—more realistic and very much in line with our 2011 sales forecast. The tighter Float and Outstanding share numbers will help our stock act more consistently and get us away from the violent and unnecessary pps swings we’ve seen over the last few years.
Here is a very simple solution. If you think that this forecast is only to sell shares then beat the company at the game and don't buy any shares!!!! If you think that they might just hit these numbers then maybe an investment is warranted.
Every company makes projections and some hit em and some don't but they go ahead and make projections for the year to come so that they have something to shoot for. Is Eternal Image the only company that has made a projection and missed it??? Pretty sure that the answer that question is a resounding NO!!!! I think that in the last few years that some of the biggest companies in the country have made projections and have not hit those numbers and yet they still remain in business. How does that work in your opinion???
JMHO
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