Post by
ryang999 on Jun 01, 2021 9:50am
Believe or Not
she said in webnar today
1. they see significant growth in this current Q (April - June)
2. the Current Q ( April - June) revenue is going to be 1.5mm or better
3. Profitiabilty by end of June is still in sight
4. will announce once hitting profitabitity ( will not have to wait until end of October to announce)
5. reaffirms about 11 mm revenue in the current calendar year ( Jan 21 - Dec 21)
6. expect to see significant growth in the second half of 2021
7. After June month the company will be cash self sufficient
8. second half 2021 monthly run rate 2mm
believe or not, that is what she said. does she still have any credibility?
Comment by
Lifeboat1 on Jun 01, 2021 9:58am
They will hit a run rate of $1.5 million per quarter in Q4 (April-June) and not for the quarter so Q1 2022 (July-Sept) will be at least $1.5 million in revenue.
Comment by
lscfa on Jun 01, 2021 9:59am
Even if co. hits breakeven June 30, she is guiding $9 million revenue in H2. Most people will want to see sept qtr results to confirm the BS.
Comment by
lscfa on Jun 10, 2021 3:43pm
nobody will believe it until audited fins are posted October 31, especially with co's distorted notion of profitability.
Comment by
lscfa on Jun 10, 2021 3:51pm
The jun qtr audited results will not provide proof either since co. says it is not breaking even until June 30. So sept qtr fins filed Nov 30 are required.