Food for thought:
Scrc has stated twice that for q1
Food for thought:
Scrc has stated twice that for q1 2015 we did 9m in revenues and our net was 400k or approx 4% net. To be clear this is the 1st time ever that we made some $$$ in the 1st quarter in the company's history. Again this is not IBM, not aapl, not Pep. This is a penny stock THAT MADE $$$$ IN THE 1ST QUARTER ACCORDING THE THE 2 PR'S THAT WERE PUT OUT. A pretty significant accomplishment in Pennyland as 99.99% of pennies DO NOT MAKE $$$$$$$$.
q2 WE DID APPROX 6M IN REVENUES FOR THE QUARTER. COMPOUNDING WE DID 5.7M ON THE TAPE AND ITS LIKELY THEIR WAS SOME BUSINESS FROM PIMD for the month so I am using 6m for rounding purposes. It was mentioned on another board that we did 260k net for the 2nd quarter. I disagree with that figure as EFFIENCIES WENT INTO EFFECT IN Q2 AND ARE LIKELY BETTER THAN 4% THAT WE ACHIEVED IN Q1. PER THE PRESS RELEASES IT STATED SIGNIFICANT REDUCTIONS IN EXPENSES WERE PUT IN PLACE Q2. SIGNIFICANT TO ME MEANS OBVIOUSLY MORE THAN THE 4% NET THAT WAS RECORDED IN Q1. I WILL USE 8% ( IT IS SIMPLY A GUESS AND THAT WOULD BE SIGNIFICANT TO ME IMHO) FOR MY EXERCISE. So 8% x 6m is 480m and if 8% works out to be the # then despite the 3m decrease on the top line scrc is now making more $$$$$$$ because of the better effiencies. THIS IS A VERY SIGNIFICANT THING FOR THE COMPANY AND IT WAS ALREADY PUT IN PLACE IN Q2 UNDER BOB S'S REGIME. THIS SHOULD NOT BE OVERLOOKED AS IT WILL TRANSLATE INTO A LOT OF SAVINGS FOR SCRC. SO WHEN YOU DO YOUR FIGURES YOU MAY WANT TO THINK ABOUT THE GREATER EFFIENCIES TO THE BOTTOM LINE.
So as you can see with cost cutting our revenue #s can be less and it looks like currently will be less due to the loss of CVS. However in my illustration as you can see despite going from 9m to 6m in revenues our bottom line ( again it is a guess 8% net based on what is significant to me) would work out to be 480k which is almost 2x 260k the illustration that was put up elsewhere. 4% net is a very small net and I am pretty sure that that figure is better based on the pr's. Significant DOES NOT MEAN THE SAME YOU GUYS NEED TO THINK ABOUT THIS IT'S SIGNIFICANT!!!!!!
So for the 1st half in my opinion on 15m in revenues we did 400k plus 480k. This is a guess and I have no idea if right or wrong. If this were true it would work out to being a little about a half a penny approx .0062 a share for 1st half of year.
Bottom Line: at .03 cents a share x 140m are market cap is 4.2m dollars. Let's say for the remainder of the year we do 1m a month and it AGAIN IS FOR ILLUSTRATIVE PURPOSES AND A GUESS. So we would do 21m for the year with a market cap of 4.2m. Again food for thought.
ScripsAmerica Inc (SCRC) Stock Research Links
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