how do you see teh company getting to $4MM in 2016
Post# of 22940
Posted On: 04/11/2016 12:22:07 PM
how do you see teh company getting to $4MM in 2016?
" I scanned the business plan pdf again, and if all lines up, just as it has to date, we are set to do 4M in revs. And it just gets better:"
i realize that was Y1 layout provided by the company but so far - bill has not been overly steadfast on committing to those numbers (via twitter). several have asked if they are still on target for those Y1 projections based on production starting (which happened 4Q15).
right now - he has announced $100K of production that will be invoiced/paid between 1Q16 and 2Q16 depending on delivery. he has also announced a second run but not any details (size or customer). 1Q is over and they will need to aggressively ramp up in 2Q for them to hit the $4MM top line target. it is certainly achievable with SE Asia distribution agreement, new customers, and easily with acquisition. however, until the market sees a clearer line of sight to these numbers, i think the stock will continue to languish with spikes here and there and a lot of sideways movement.
for me, biggest news coming out of china this week or next would be acquisition/HK financing. instant revenues and getting capital flexibility make the rest of the business plan much more realizable.
" I scanned the business plan pdf again, and if all lines up, just as it has to date, we are set to do 4M in revs. And it just gets better:"
i realize that was Y1 layout provided by the company but so far - bill has not been overly steadfast on committing to those numbers (via twitter). several have asked if they are still on target for those Y1 projections based on production starting (which happened 4Q15).
right now - he has announced $100K of production that will be invoiced/paid between 1Q16 and 2Q16 depending on delivery. he has also announced a second run but not any details (size or customer). 1Q is over and they will need to aggressively ramp up in 2Q for them to hit the $4MM top line target. it is certainly achievable with SE Asia distribution agreement, new customers, and easily with acquisition. however, until the market sees a clearer line of sight to these numbers, i think the stock will continue to languish with spikes here and there and a lot of sideways movement.
for me, biggest news coming out of china this week or next would be acquisition/HK financing. instant revenues and getting capital flexibility make the rest of the business plan much more realizable.
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