Revenue
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.
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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http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
