RE:lol burning lots of cash...Airport wrote: good uck getting substanial orders ....even sales of 1 milllio a month doesnt jusify current market cap...less expanses and opex..they wont be profitable for long time....150 million share
companhy not worth a lick over 20 cents..
From Conference Call.... $350,000 per month = profitable
Using your numbers of $1 Million per month
Net Revenue = $650,000
X 12 months = $7,800,000 PROFIT
Actual number fully diluted is closer to 154 Million Shares
$7.8/154 = $0.05 EPS
You are saying company is worth 4X Earnings????
Most companies are usually higher than that.... At 15X earnings, that equates to $0.75 per share.
This is using your numbers Airport
Good Luck Longs.
FI4