hehe... I don't want to do any calculation based on unknown...

hehe... I don't want to do any calculation based on unknown information. All the number I used is just based on reports. We would see a Dec Qtr Report soon... Every Qtr profit $1.1m is just based on old asset's production level, and if you Add the Dec's $1.1 million would be much higher. Also, $17.44 is also a huge difference with $17m.

BTW,you are right the definition of EBITDA is different with Income, but it's always practical way to assess the cash flow basis.The people have any accounting knowledge would understanding what I am talking about.

Cheer

Xinfa

See blow for EBITDA,

Definition
Earnings Before Interest, Taxes, Depreciation and Amortization. It is an approximate measure of a company's operating cash flow based on data from the company's income statement.