I think the upside here is that whatever the revenue for 2005 turns out to be, a substancial amount of it will be U.S. sales and it will more open to examination.
Matin is projecting 55 million and I consider that somewhat of a stretch goal, but I also believe that if he makes it 10-15 will be U.S. sales. If you listened closely to the interview with WallStreet Reporter, which by the way, was solicited by the WSR there were hints made of Veltex expanding sales into markets other than the promotional products industry. We have seen this already with SunShirts and Coral Head but references were made beyond that.
I agree that all of this is conjecture until we see verifiable numbers, but isn't that always the case with any business? How many S&P 500 companies fall short of expectations each year? When they do, few are accused of having no credibility, they just have better PR departments who are able to spin the results to explain away the failure.
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