Now, if Scheer and his executive staff is willing to work for another 12 months with only 50% of the pay, that may just bring more credibility to his Chapter 11 request. I urge him to do so to show his sacrifice for the good of his entire employee and for CERP as a company. Note, 6-9 months ago, everyone (perhaps Scheer himself) was saying CERP needs only $4 mil/year in rev to break even. The proposed and forward looking revenue outlook clocked it at $4.2 mil. The question is, where did all the orders come from and why was it not announce? He only had $2.6 mil all of last year (those were announced). If it is true that it will be $4.2 mil ($350K X 12),that would be a 40% revenue increase from last 2013. Can someone help me do the math again?
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