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Flagship

03/23/14 9:40 AM

#5177 RE: ~ Blue ~ #5175

Expectation for Q1
Expect earnings per share for Q1 to be .035-5 cents per share.
Im hearing there current shipment rate is 225 units and they are preparing for 300k units per month.
Total Rev should be around 14-15 million for the Quarter. Ingram Micro will play a small role but really ramp up for Q2. Rev expectation for Q2 upwards of 19-20 million with earnings 7-9 cents per share. With expansion of sales effort in the US looking for operating to be near 2 million.

Price target very short term IMO 5.80-6.20
EOY $17.85 (x25)

If current expansion and growth continues for 8 Quarters 2015 should see dividend and significant price appreciation.

If you look at the weekly accumulation the shares are going into stronger hands. If we break 5 and stay above 5 we should experience some blue sky. At the end of 2006 in took 3-4 months to go from $5.00 to 28.00 ish.. Yes we had a big contract, but..IM deal and expansion into latin america and US will continue to increase.

IMO I expect % of Float Held by Institutional & Mutual Fund Owners to increase from 8% upwards 13-15% within the next 6 months