RE:RE:RE:RE:RE:Snipp...looks more painful than a circumcisionI hardly ever post but had to ring in here. You do not have to call Gary Singh or Atul to figure out Q1 numbers will be outstanding, just listen to the conference call and Atul says 4.5MM USD and if you still don't believe it, check out the investor presentation from April 30th where sales bookings are 4MM + for Q1, in USD. He also in the conference call says that gross margins will be loses to 70% for Q1.
Next, as for the exit strategy, I believe that Atul was willing to sell out at 70cents US in early 2015. There is a website, quora.com I believe, that shows valuation multiples based on revenues, and I think the consensus is 10x forward looking 52 week revenues. So if the company was forecasting around 10 million USD, he may have been a little short but definitely still in the zone. But given that revs are expected to be around 25MM for 2016, why would he still be willing to only take 70 cents US a share? Trebs is gonna have to fill us in on his thought process...........