CKGT, true but this press release was extremely misleading from the company. That was one reason I was further turned away from the stock back then. It's ridiculous to provide the 38 cents because it's a GAAP number and has non cash stuff gains in it. They actually did around 22 cents after 9 monts in non GAAP. People shouldn't spread this number since it's extremely misleading for newbies. Not saying that the stock isn't really cheap no doubt about that.
"We are nearing the end of our most successful year ever. Our profitable growth is accelerating as Chinese consumers and farmers increase their use of our cactus products. Fourth quarter revenue will reach a record $12.2 million. This will represent a revenue gain of 43% over revenue of $8.5 million in 2009. For the year, we are anticipating revenue of $36.0 million, a gain of 35% over 2009 revenue of $26.5 million. Although we are not yet prepared to provide specific EPS guidance for the quarter, we can point out that earnings per share in the first nine months of 2010 were $0.38 per diluted share and we currently expect good profitability in the fourth quarter."
News 
Market Data 
Discover 
AI
