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  4. ScripsAmerica Inc (SCRC) Message Board

As we all know, the primary contributor to earning

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Post# of 7769
Posted On: 09/06/2014 10:04:38 PM
Posted By: cosmo
Re: celtics2014 #4588
As we all know, the primary contributor to earnings for the 3rd quarter will be Main Avenue. I believe they will come in with another monthly record of 5.5 million plus. At 15% net , we should see quarterly sales of 14.5 million and $2.175 million on the bottom line. An additional $150,000 should come from June sales whose expenses were prepaid but not fully counted. I believe the long over due RapiMed $200,000 order will be shipped and prove to be very rewarding because the cost of product has also been prepaid. I feel this could bring in as much as $ 150,000. I have no idea of the initial sales and profit margins of PIMD. It along with WXR and the government contract are negligible contributors at this time. These numbers at 136 million o/s will produce 1.82cents for the quarter. However a big negative may come into the picture if the co. has to prepay expenses on the 5.5million sales for Sept. If we can get a factor, as I previously recommended, to buy our triple 'A' invoices , my forecast pretty well holds .Otherwise , prepaying the expenses on $5.5million can just about wipe out the earning numbers Eventually, we will benefit from the record sales of every third month of a quarter, but while the receipts are as good as gold ,we can not count them until the money has been received. I hope that I haven't confused you, but it is refreshing to know we are making 'tons of money' even if we can not show it on paper.



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