Revenue Don't forget: 2013 Q2 showed revenue
Post# of 1023
Don't forget:
2013 Q2 showed revenue of $120,000.
2012 Q2 showed revenue of $310,000.
These numbers were for ONE QUARTER. And this was before all of the improvements SCIE made between then and now. As said in numerous posts, part of the reasons revenue stopped was because they were still setting things up, making improvements to the product; they tried to sell the WavSTAT to the UK on their own, realized they needed outside help to achieve this, and admitted they lost a year and a half. But now that this is fixed, distribution is set to start up again in 2016 in Europe and possibly Saudi Arabia; its possible we will see these numbers again EACH quarter. It will obviously take time, and only patient investors will be willing to wait (notice no one is talking about the $6,600 in sales from the 2015 10K probably because its not 'dramatic enough to make people millionaires), but if SCIE could make $707,000 in sales in less than 4 years.. they can totally do it again in 2016 - 2017.
As for the PENTAX 5 year agreement, it expires in 2017. Personally, I don't believe it is Michael Oliver's intention to turn SCIE into its own mega corporation. I think Oliver wants to make SCIE profitable enough in order to attract a buyer. He has done this with many other companies; fixed them, built them up, then sold them, and I don't think SCIE will be any different. If PENTAX doesn't start showing more sales this year, I believe when the agreement expires, there may be a bidding war between PENTAX and Olympus in 2017 - 2018. I think this because PENTAX is a business as well. Their employees need to be willing to sell the WavSTAT4. And I read somewhere that there are incentives or something like that that these salespeople need in order to sell the product (ill try to find the article). So, if this is true, and PENTAX doesn't create enough sales, it only makes sense for SCIE to go elsewhere. We also have JAGWorldwide too working in the middle east. But this entire post is all purely fictional and not based on anything more than an opinion and guesswork.
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