Estimates for q3 net income 1.7m so lets say on 140m o/s thats .0121 cents a shars pretty darn good. Our cash position rose from 300k cash to approx 1.2m so on 140m o/s about .008 of a penny in cash. revenues for the quarter were 12.5m vs 3.7m essentially a 300% increase.
This was a very good report card with estimates. I am very impressed. another quarter or 2 of this and a lot more investors will flock to the stock. I believe based upon .0121 cents per share x 4 you get approx .048 cents per share so at 5x its .25 cents a share a double at 10x its approx .48 cents a share. 15x approx .72 cents. and at 20x approx .96 cents.
Bottom line: another quarter or 2 of this substantially higher than .10to .13.
This was a very good report card with estimates. I am very impressed. another quarter or 2 of this and a lot more investors will flock to the stock. I believe based upon .0121 cents per share x 4 you get approx .048 cents per share so at 5x its .25 cents a share a double at 10x its approx .48 cents a share. 15x approx .72 cents. and at 20x approx .96 cents.
Bottom line: another quarter or 2 of this substantially higher than .10to .13.