Sunday Morning MusingsFirst off - Love the Dash Rip-Rock call - lol - made me chuckle - I have no problem being compared to the best looking and most dynamic character from the Flint cast!
The Deb convert at $0.15 is accurate - what I think others are getting confused about is the Options that were granted at $0.10 - which of course only convert when those who have them decide to convert them to shares and pony up the coin - usually closer to their expiration date of course - even if the share price is dramatically higher - which would be nice.
Fogell - the $4.2M future quarter call being nice or decent should really be the minimum we expect of course - but it would not be hard or unrealistic to see things in even a more positive way...At $1.4M in January, they are clearly on the revenue increase swing so perhaps one could make the following assumptions - which are, again, just really positive in my opinion:
Q2 - coming off the Q1 $2.7M results puts the minimum average per month at $900K...but that January finished at $1.4M tells us that they are trending higher with each month - so let's guess conservatively at Nov. $1M, Dec. $1.1M - $1.2M and confirmed Jan. $1.4M...so I see Q2 at $3.5-$3.6M for a tremendous positive growth trend (Q4 2020 - $2.4M, Q1 2021 - $2.7M, est. Q2 $3.5-$3.6M)....now let's go further for Q3 and even continuing conservatively, one could guess Feb. $1.5, Mar. $1.6 April $1.7M which gives us a Q3 of $4.8M announced at the end of June - but that very conceivably could be higher...I can't guess further because May, June, July - which make up Q4 2021 will feature the fully maximized production capabilities of our infrastructure - so all bets are off on how high that will go, but suffice to say as we round out 2021, we could have some VERY big revenue increases announced at the end of November (Q4 results) and then Q1 2022 - reflective of August, Sept., Oct. - announced at the end of December which should be, of course, even bigger. Therefore, my guess is that the estimate by Rosen to hit $9M in 2021 in quarterly revenue is likely reflective of the trend for the end of calendar year 2021 - not fiscal year - meaning Nov., Dec., Jan. will hit the $9M mark - which is Q2 2022 - announced April 1, 2022.
Those are my estimates - which, again, I think are responsible and conservative and should only have more upside if anything. I hope that was not too confusing for folks to follow and
I hope that made sense to most or all - feel free to agree or disagree - suffice to say though that I continue to conclude that the calendar year of 2021 should be a full on MONSTER for us - and especially combined with profitability at some point (Q2 or Q3) and very favourable legislative changes pending....intended as sharing my opinion only - long winded as always when I get rolling - lol...enjoy the Super Bowl...Dash R.R.