Posted On: 02/03/2016 12:14:25 AM
Post# of 7769
The best is yet to come. I would like to scrc positive for 2015 which I believe can and will be a reality. Let's get some momentum now its 2016. 2014 to 2015 is clearly the rear view mirror. We have a pretty good idea that 2015 revenues were 98% Main Ave and should be in the area of 30m to 33m. The commission likely stayed at 55% area to 60%. So where the net will be helped is likely by in-house-billing. We were paying 10.5% up to feb 28th 2015. If they cut that in half we should be close to 8% to 10%. Remember in q3 2014 we were at 12% nets.
So 30m @8% is 2.4m net income seems very reasonable about .015 cents a share. In q1 they did .0033 cents on preliminary basis. so .033 x4 is approx .01. I am pretty sure the 2nd half they enjoyed far better nets than 4% in q1.
Btw the stock is moving up very slowly but higher each day on the bid. Just 5 days ago we were sitting at .0301 bid. Now we are up to .038 so thats a nice improvement on a low base nonetheless an improvement. Keep in mind all the small caps have performed poorly this year. One of the exceptions to that is scrc look for yourself at most names. I am pleased with the start of the year. It's possible to see this climb quite a bit before we become compliant thats my guess.
So 30m @8% is 2.4m net income seems very reasonable about .015 cents a share. In q1 they did .0033 cents on preliminary basis. so .033 x4 is approx .01. I am pretty sure the 2nd half they enjoyed far better nets than 4% in q1.
Btw the stock is moving up very slowly but higher each day on the bid. Just 5 days ago we were sitting at .0301 bid. Now we are up to .038 so thats a nice improvement on a low base nonetheless an improvement. Keep in mind all the small caps have performed poorly this year. One of the exceptions to that is scrc look for yourself at most names. I am pleased with the start of the year. It's possible to see this climb quite a bit before we become compliant thats my guess.
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