The revenue increase from the first quarter's $200
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Posted On: 09/19/2020 1:35:57 PM
Re: CT Investor #674
The revenue increase from the first quarter's $200,000.00 to the 2nd quarter's $881,000.00 was a 440% increase. If that was to hold true for the 3rd quarter, we would be looking at nearly $3.9 million. I don't think that will happen, but base on the increase in Sales of machines and fluid sales, I'm looking at more than 2 million for the 3rd quarter. And if we are looking forward to the years revenue expectation, my guess is that it will be north of $6 million as news of Covid-19 shows an increase in cases earth wide. If I'm low on my 3rd quarter guess, and we do better than I expect in the 3rd quarter, I'm ready to revise my revenue expectations on the year.
And like you CT, I would like to see a forward looking statement from Gary on the expected revenues and how he will utilize these funds to buy dept and reduce the total OS.
And like you CT, I would like to see a forward looking statement from Gary on the expected revenues and how he will utilize these funds to buy dept and reduce the total OS.
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