$WDAS: According to the PR this morning, WDAS will
Post# of 29744
Posted On: 04/02/2014 5:00:51 PM
$WDAS: According to the PR this morning, WDAS will get $600000 for every power cloud (licensing) + 3% of the revenue for the next 20 years from each power cloud. (http://www.worldglobalgroup.com/world-news/)
For the 1st quarter ended March 31st, WDAS is claiming 6 clouds ($3.6 million + 3%) with positive revenue.
According to my calculations, for the 2nd quarter, cloud 7 is already 100% founded and now cloud 8 is 44% founded in less than one week. With this speed, if I am right, for this quarter, they will have 8 to 9 power clouds for the range of $4.8 to $5.4 million licensing fee + additional 3% revenue for each power cloud for the next 20 years. In addition, the company has other revenues from their other businesses. From power clouds alone, they will have a revenue increase of about 33% to 50% from quarter to quarter. I will be a buyer of WDAS on any pull back going forward. You may want to add this to your radar.
For the 1st quarter ended March 31st, WDAS is claiming 6 clouds ($3.6 million + 3%) with positive revenue.
According to my calculations, for the 2nd quarter, cloud 7 is already 100% founded and now cloud 8 is 44% founded in less than one week. With this speed, if I am right, for this quarter, they will have 8 to 9 power clouds for the range of $4.8 to $5.4 million licensing fee + additional 3% revenue for each power cloud for the next 20 years. In addition, the company has other revenues from their other businesses. From power clouds alone, they will have a revenue increase of about 33% to 50% from quarter to quarter. I will be a buyer of WDAS on any pull back going forward. You may want to add this to your radar.
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