RepeatDon't like repeating myself but just trying to give a sense of where we can bepotentially heading for new investors here, as some posts on this boardwill just throw people off.
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I have rounded everything off just for comparison:
1.Greendotis generating around 400mil/year in Revenues. We are generating around100 mil in revenues / year. Or approximately a 1/4 of Greendot'syearly.
2.Greendot is generating a net income of around 40mil/year. To compare we need to generate about 10mil/year.
3.SCGwas able to produce a Gross profit of $5,274,840 for the year 2010. However due to heavy expenses they weren't able to capitalize on this increase and net much. With us headingover to the U.S - generating even more sales, and controlling expensesa little better, I think that $10 mil a year in net income will berealistically achievable in 2011.
4.Now GDOT is currently tradingat around +/- $40 with a market cap of 1.5Billion.
We are trading at.40 cents with a market cap of 40Million.
If we keep taking everythingby 1/4 of GDOT as before, then... 1/4 of 1.5 Billion Market Cap(GDot)= 400 million market cap (SCG). Now divide that by the shares out-> 400mil/100mil , you get a stock price of approx $4.
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Nowthat's just the a rough calculation... Again I think the potential ismuch higher due to the current economic situation in U.S.....and we canalready see that from Greendot's 1st quarter financial results this yearand them stating that they already set record growth.
Also:
https://www.reuters.com/article/2011/04/28/greendot-idUSL3E7FS5PI20110428?feedType=RSS&feedName=marketsNews&rpc=43