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Posted On: 12/30/2017 12:58:51 PM
Post# of 40990
I’d like to clear up something from my post yesterday. I said was probably another 1-million-dollar contract. I was being reasonable and conservative. Didn’t mean to make light of the revenue potential. I was more focused on the importance of the contract instead of its dollar value.
The probable number I actually came up with for my own purpose prior to that post was 4.2 million.
I chose a scenario that seemed possible. The tweet said over 700 dealerships so I rounded down to 700. If on any given month 25% of the 700 dealers sell 10 units each then: 700 / 4 = 175 dealers x 10 units = 1750 units x 12 months = 21,000 units per year x $200 = 4.2 million yearly revenue.
Still a conservative approach, but one I’m comfortable with. Sure, why not 8 or 12 million; maybe so.
Regardless of the dollar value of this contract, adding United States Warranty Corp is a very big deal for Hexagon and shareholder. In my opinion an honest game changer.
It was nice of Berman to share this information with us.
Does anyone have any thoughts on our MJ arm?
The probable number I actually came up with for my own purpose prior to that post was 4.2 million.
I chose a scenario that seemed possible. The tweet said over 700 dealerships so I rounded down to 700. If on any given month 25% of the 700 dealers sell 10 units each then: 700 / 4 = 175 dealers x 10 units = 1750 units x 12 months = 21,000 units per year x $200 = 4.2 million yearly revenue.
Still a conservative approach, but one I’m comfortable with. Sure, why not 8 or 12 million; maybe so.
Regardless of the dollar value of this contract, adding United States Warranty Corp is a very big deal for Hexagon and shareholder. In my opinion an honest game changer.
It was nice of Berman to share this information with us.
Does anyone have any thoughts on our MJ arm?
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