Projections of $10,000,000 a month 2 to 3 years out and then...

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country bob

937 Posts.

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19/04/16

12:56

Post #: 17542474
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Originally posted by WestTrader057 ↑

I would like to congratulate the chairman for coming out and giving us some predictions as to where we are going from a financial point of view.

Up until now we have had nothing and we were in limbo.

It now appears they are working towards an objective. They have in the main their funding and a process and targets to achieve.

With targets come responsibility and now IWG have to meet their projections otherwise questions will be asked.

Personally I was hoping we would have been able to break even some time before Mid 2017, but this is not going to be the case. However profit projections beyond this point ares quite rapid.

As far as the markets a re concerned I believe this will not knock their socks off as real profit is still a fair way off. However if the targets are met as projected then there will come a time when this company can not be ignored.

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Projections of $10,000,000 a month 2 to 3 years out and then $40,000,000 a month 5-6 years out are serious numbers. If they get there anyone who can hang on long enough is sure to be very happy WestTrader - And that's only the Licensing revenue!

Last edited by country bob: 19/04/16

IWG Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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Projections of $10,000,000 a month 2 to 3 years out and then...

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