Quantitative Equity Research Report numbers:According to Quantum:
HITI is trading at a 40% discount, and should be at least $0.27/share...
Average Outstanding shares = 227 million (makes the Market Cap $38,590,000.00)
Revenue = YTD $56 Million
3rd Quarter results = $23.20 million, so the 3rd quarter produced 41.4% of the revenue so far this year. We expect at least this much in Q4 - really much more (thanks to META Growth).
So then Q3 & Q4 would produce a second half of say $55 million or YEE of $86 Million
Therefore income from operations for Q3 & Q4 of say $5.6 million - this would cover loss of YTD and put positive profit for the YEE of over $1million.
With all this - our stock plays at $0.165/share ???
I will buy more later this week and hold for my expectations of $2 to 3 buck a share...
Its very possible and quite likely to hit the mark.
Don't sell, hold and make the shorts pay - you have a great asset if own shares.
PS340