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ScripsAmerica Inc SCRC
Posted On: 09/01/2014 3:20:10 PM
Post# of 7769
Posted By: cosmo
Re: celtics2014 #4363
The revenues are much easier to predict than the earnings. My best revenue guess is 13 million.Up until the present ,the better the 3rd month of the quarter is, the worse are the earnings. The simple reason for this is we incur selling and some raw material expenses but can not recognize earnings until insurance companies or others pay. There usually is a thirty day lag time. However, if SCRC can get a person or company to buy our invoices upon billing , we could then count the month's revenue as earnings. Under such circumstances and a very conservative 15% to bottom line plus Junes overhang of 1.2 million we obtain 1.95 million plus the 1.2 million. That equates to 3.15 million on 136 million shares or 2.32 cents . If the company doesn't sell the invoices, we get 1.8 cents. It should be noted that these are very conservative numbers and do not include any income from Rapimed or PIMD or possible capacity increase at MAV.













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