Browsed the K. No China revs included (yet). RBSM
Post# of 3844
Posted On: 04/15/2014 6:51:44 PM
Browsed the K. No China revs included (yet). RBSM working on the Leasehold Agreements to see how they can fit them onto a GAAP balance sheet. 8-K/A very clear on this.
Losses were as expected.
Revs so far are dramatically reduced while RBSM works through the paperwork. K was filed as is to remain on time. Critical for any future uplisting.
EWSI now has two audited Ks on the books. Very cool. If RBSM (I could be spelling this acronym wrong) finds a way to get the revs on the balance sheet, then this is a bottle rocket in the making.
Major acquisition planned in Europe before the end of this year.
Three more acquisitions/Teaming Agreements planned domestically this year.
E-Plants coming on line this year.
Zero concerns on the TCA default. None. Nada. Zip. Contact the company if you have questions about this.
Several Notes paid off (in shares of course, but still paid off).
Cash on hand end of Dec 145K. My guess is Q1 2014 we see a dramatic increase in this field.
SURF profitable for the entire year.
2TRG IMO will be net profitable this year.
E-Plant 1000s planned will generate 36M annually when running around the clock. 9M annually if one shift running. Very nice to see some numbers associated with these facilities.
Overall a very honest look at the company without China revs included. With China on the balance sheet I think they accomplished 15 - 20M gross revs FY2013. Lets see if RBSM can weave this income onto the GAAP balance sheet.
IMO hold and buy on dips.
Losses were as expected.
Revs so far are dramatically reduced while RBSM works through the paperwork. K was filed as is to remain on time. Critical for any future uplisting.
EWSI now has two audited Ks on the books. Very cool. If RBSM (I could be spelling this acronym wrong) finds a way to get the revs on the balance sheet, then this is a bottle rocket in the making.
Major acquisition planned in Europe before the end of this year.
Three more acquisitions/Teaming Agreements planned domestically this year.
E-Plants coming on line this year.
Zero concerns on the TCA default. None. Nada. Zip. Contact the company if you have questions about this.
Several Notes paid off (in shares of course, but still paid off).
Cash on hand end of Dec 145K. My guess is Q1 2014 we see a dramatic increase in this field.
SURF profitable for the entire year.
2TRG IMO will be net profitable this year.
E-Plant 1000s planned will generate 36M annually when running around the clock. 9M annually if one shift running. Very nice to see some numbers associated with these facilities.
Overall a very honest look at the company without China revs included. With China on the balance sheet I think they accomplished 15 - 20M gross revs FY2013. Lets see if RBSM can weave this income onto the GAAP balance sheet.
IMO hold and buy on dips.
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