Ann: Reinstatement to Official Quotation, page-48

Don’t forget this is all recurring monthly revenue which is a cash printing machine. It’s exponential growth.

Here’s an example. For simplicity sake, let’s assume digicel adds 10k of new business each month. Monthly revenue would look like this:

Jan - 10k
Feb - 20k
Mar - 30k
Apr - 40k (100k total at this point)
May - 50k
June - 60k
July - 70 k
Aug - 80k
Sep - 90k
Oct - 100k
Nov - 110k
Dec - 120k

Total for the year is 780k

Next year:

Jan - 130k
Feb - 140k
Mar - 150k
Apr - 160k
May - 170k
June - 18ok
July - 190k
Aug - 200k
Sep - 210k
Oct - 220k
Nov - 230k
Dec - 240k

Total for year is 2.22M

So all digicel has to do is maintain a relatively low but constant sell rate and revenue will go up very quickly in the second year. So you see the 100k and think it’s low, but I see the 100k and think they are well on track to beating the three year estimate.