Consensus Estimates | Consensus Recommendation of 2 Analysts | Hold |
| Consensus Target Price of 2 Analysts | $0.40 |
| Consensus Information - EPS $ |
| Periods | Date | # Ests. | Mean | High | Low | Up | Down |
| Quarter Ending: | Jun/08 | 2 | -0.01 | -0.01 | -0.01 | 0 | 0 |
| Quarter Ending: | Sep/08 | 2 | 0.00 | 0.00 | 0.00 | 0 | 0 |
| Quarter Ending: | Dec/08 | 2 | 0.00 | 0.00 | 0.00 | 0 | 0 |
| Quarter Ending: | Mar/09 | 1 | 0.00 | 0.00 | 0.00 | 0 |
So the consensus of two analysts is a break even quarter for Q3 and Q4 and one is also projecting Q1 of next year to be break even. Let's not kid ourselves 0.00 earnings projection means very little when dividing by 150 million plus shares...so we have a significant way to go to 1 cent per quarter.
The recent quarterly burn rate is also a concern as it leaves very little flexibility to use cash to fund another complimentary acquisition... so its another PP, a share offer similar to RSI ID, a rights offering or a secondary offering. Whatever the plan I hope it takes place between the Q3 and Q4s when hopefully the pps might make the added dilution more palitable. The above assumes that Norbert is not adverse to continuing a higher burn rate in order to achieve product marketability.