Posted On: 11/06/2015 2:43:37 AM
Post# of 446
IFBC
I'd like to point out two things from the latest PR...
1)"... We have conservatively estimated the gross revenues per "Ape" to be 600 Euros per day during the entire Jubilee period. There exists the possibility of a contract extension to a maximum of five years..."
I really like the conservative estimate - beating expectations is always good.
2) "...we estimate the minimum number of food trucks "Ape" to be 20 to 30, with a maximum of 100. Revenues could vary from 360,000 Euros per month (based on 20 food trucks) to 1,800,000 Euros per month (based on 100 food trucks)..."
Here, the MINIMUM on the conservative estimate is still about 4-5 times greater than rev's based on last Quarter numbers.
Looks like we are the beginning of a growth company - looking forward to more from IFBC.
prof
I'd like to point out two things from the latest PR...
1)"... We have conservatively estimated the gross revenues per "Ape" to be 600 Euros per day during the entire Jubilee period. There exists the possibility of a contract extension to a maximum of five years..."
I really like the conservative estimate - beating expectations is always good.
2) "...we estimate the minimum number of food trucks "Ape" to be 20 to 30, with a maximum of 100. Revenues could vary from 360,000 Euros per month (based on 20 food trucks) to 1,800,000 Euros per month (based on 100 food trucks)..."
Here, the MINIMUM on the conservative estimate is still about 4-5 times greater than rev's based on last Quarter numbers.
Looks like we are the beginning of a growth company - looking forward to more from IFBC.
prof
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