Revenue MathHaven't seen it posted yet so why not take the liberties of solving what revenue should be aorund for Q4. Last Year we had revenues totalling $730,000 for Approximately 9,000 Km of pipeline monitoring. Not sure what the contracts incuded in this monitoring of pipelines so this will be an estimation. this year we already have obtained $780,000 in revenues. We're monitoring 27,000km of pipelines this year which means a proper estimation would be 3x $730,000 for the 2014 revenues. This is = $2,190,000 in Revenues (Approximately) for 2014. $2,190,000-$780,000= $1,410,000 in revenues to be obtained in Q4. Expenses have remained relatively stationary over the past set of years so let's make a prediction of expenses being $2,800,000 for the year of 2014. for the Q4 expenses will likely be around $1,000,000 maybe a tad more. This means that we have a $410,000 cusion to operate at an income in Q4. Now I don't know about you guys but this brings security to the fact that Synodon will for the first time be operating at an income, in its whole business lifetime. This is why I have no fear about the undevalued share price as I have calculated the risk and realized that the upswing from operating at a profit, is much greater then the downswing.
Picture the attention Synodon will get from larger corporations when they see them operating at a profit. This brings potential for merging and acquisitons. Any thoughts Stockhouse Board?