GREY:RGVNF - Post by User
Comment by
dogoneon Jul 18, 2009 2:08pm
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Post# 16148316
RE: RE: RE: KX100 and revenue
RE: RE: RE: KX100 and revenuenot to burst your bubble.
Gross Profit is what ' IT IS' .. "GROSS profit" only. Then they had selling expenses, etc .. for a LOSS of $1.3M, per their current financials. What you now need to know is, what is and when is "Break Even" and when will profitability time come if at all. You can't keep operating at a loss, unless you are REV and issue more and more stock with warrants, but based upon the past the question arises who wants more of the same?
Each United share had a net loss per share of ??? And Rev is no different. It is time to defecate or relieve the seat.
I'm not discounting the fact that they (United) actually have sales, and increased sales; as I heard one time on this board that a kid's lemonade stand had more revenue than REV. HA--still think that is funny.
I would estimate that they (United) or Rev needs at least $50M in revenue to make this stock worthwhile in SP. Just imagine if they could show a $5M profit or just under .08 (eight cents) per share.