Goodwill (intangible assets) has been noted separately to give a more realistic picture. Overall, the figures show a steady increase in the net asset position and Revenue, while the losses have began to taper off...
Based on these trends, one could reasonably expect some $5 to $6 million revenue in the March Quarter, with losses in the $500K range. In total for the year ended June 2001, SYMY could have total Revenue in the $19 Million range and break even or better in the June Quarter...
The deal with the Hydro-electric Companies appears to be very promising, as they provide a pool of captive customers and already have most of the necessary infrastructure in place. All SYMY needs to do, is tie the pieces together and manage the system for a percentage fee: no need to purchase equipment or spend heavily on acquiring customers...
Disclaimer: This is only the personal opinion of a potentially biased long, not a recommendation and no responsibility is accepted for errors or omissions... Would-be investors should carry out extensive Due Diligence and only invest what they can afford to lose... (c)
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