They have 400K A year lease on a 80k SF warehouse, tax record are public knowledge and everyone reports property. There is no one who would give a business loan to a company that had a business plan with the leased being 33% of costs, QOWI has a mkt cap of 1.28 million based on 25 million outstanding shares. Hmm, so the loan to value ratio for the company is 33%, obeserd for an operating cost. So they must be making the minimum 2.1 million a year in sales to cover costs. Market cap under yearly sales, about to explode when they report even if they had a negative QTR.
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