Imagine SGBY share price in 2020 with 45 million i

Imagine SGBY share price in 2020 with 45 million in revenue

Here is a look back in June and one can see the huge change in revenue that is occuring as the labs go online.

"The Company generated $116,648 in revenue for the three months ended June 30, 2016 as compared to $6,399 for the three months ended June 30, 2015. A majority of the increase, $83,709, was a direct result of the acquisition of the three labs. The results reflect three months of CR Labs, EVIO Labs Eugene since May 24, 2016, and Smith Scientific since June 1, 2016. As of June 30, 2016 the Company has a total of 702 customers across the three labs. Based on a full month of June laboratory revenues, the monthly average revenue per client (MARC) is $90.33. Signal Bay Research recognized an increase of $26,540 in consulting services provided to clients assisting with licensing and compliance services."

http://www.otcmarkets.com/edgar/GetFilingHtml...D=11596552


Update : Now SGBY have five labs and since California voted yes the revenue will increase as well IMHO

"Cannabis testing also offers a high profit margin, which is evidenced by Signal Bay's projections to grow revenue to $45 million in annual revenues by 2020 from an anticipated 30 cannabis testing laboratories."

http://www.prnewswire.com/news-releases/calif...31401.html