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Message: Implications of current NR

Implications of current NR

posted on Apr 08, 2009 08:42AM

With the successful completion of this beta test site, the company is onside for thier sales forecast of 4$million plus this year. Present sales stand at 1.2m/yr.

A rough translation, based on a 55% profit margin is 2.5m in profit, or 2 1/2c per share in earnings.These are just my generalisations and not from the co.

With sales like this the stock is now become presentable to a more broadened and sophisticated investor, such as small cap and growth type of fund managers. Im sure the team of promo guys have this in mind this summer when the orders start coming in.

Just my immediate thoughts after reading and semi digesting this current standout NR. Any other thoughts?

royrogers

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