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Ann: Achievement of PCI and SCO2 Type1 certifications, page-24

  1. 7,400 Posts.
    lightbulb Created with Sketch. 2023
    Hi geepers24

    Yep ... after posting that I realised I had made a mistake. I didn't correct it because I think if the Co. can achieve $20M revenue that will probably translate to something like $10M profit [as you say, and I agree, breakeven is likely somewhere around $10m revenue] and that should still result in a doubling of the current MC .... which doesn't factor anything for the growth.

    I don't have an opinion about the chance for another CR. At this time the Co has about 14M cash and the staff hires haven't happened yet. The trials are always paid for, so as long as they attract new customers on a regular basis there is some cash flow coming in to offset expenses. imo... the next couple of months should clarify things. The Co has created some expectations recently... if they deliver, then, the SP is going to reflect potential more than actual earnings [hopefully anyway].
 
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