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Bobwins

04/26/11 11:13 AM

#1147 RE: CharlesNet #1145

Guess we'll have to wait for the PR but I still don't get why there was such a rampup in revs and profits in Q2&3 and then a huge drop.

Was there a big installation that finished up in Q3?

If they have recurring income of $336/month (70% of your $480), that would imply that they had about 300 hundred paying clients in Q4. I hope they publish some kind of number showing client growth.

There must be a much bigger installation fee for each new customer, otherwise how did they reach over 3.4 million in revs in Q3 and then drop back to 300K?