We have been told that we will have positve EBITDA by mid to late 2018.

It follows logically that every dollar of our burn rate is covered, so let's add that up and we get the first component of the revenue number. I am unclear what the burn rate as I have been too busy at work to dig into that. Some may already know that number.

If follows as well that our interest costs at this point are negligible, as we have no debt, so the interest component of the EBITDA should be zero or close to zero.

Amortization and Depreciation are hard to determine without me studying the balance sheets of the 3 companies. I think these can and will be pretty large due to some accelerated depreciation policies related to technology spending and capital equipment.

Our revenue, as a bare minimum, has to be greater than our burn rate by 2018. Amortization and depreciation could kick us into a "net loss", but EBITDA would be positive.

Our burn rate will increase over time now that we have 3 companies, more payroll, integration costs, public relations costs, more legal expenses, you name it. More expenses translates into the logical assumption that we will be earning revenue to cover these new costs by 2018.

Hope this helps.

Jimbo