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treit2002

07/18/11 8:33 PM

#6343 RE: treit2002 #6342



Q2 estimate.

Backing off $7M - $9M, though it may be fine. Fact is, there are too many variables to predict. For instance, when is revenue recognized for new farm consulting and services/

Also, not only wil there be no revenue from HU and asparagus, fully 24% of sales or about $14m will come from fish sales, with 0 in the second quarter, a great majority in the fourth.

Now guessing Q2 revenues at $4.5M to $9M.

Just more important that the release or conference call institutes quarterly ranged guidance, and reiterates full year.