RE:RE:RE:RE:RE:More Good News!I am not bashing. I have invested in SIM. My calculation are simple. In Q3, SIM has revenue of about $5M and Gros Profit of $1.6M.
Total Operating expenses are $2.4M and total expenses including financial and foreign expenses are $3.0M
SIM need 10M revenue ech Q to be profitable. Now Analyst & we all can play with numbers but with$20M per year revenue SIM may not be in net profit
comissioner wrote: There was an analyst that published an article stating 20 Million would result in a net profit expected in 2020 and that he called and spoke with seelenfreud personally to confirm his estimates and projections. Also same article analyst confirmed with marc that financing wouldn't be needed to reach that goal. Marc laughed and said that if they needed financing then it would be because they sold 100 thousand devices which would be a boon. Don't listen to royal here bashing. Company is in great position great time to buy.