TSXV:RHT.H - Post by User
Comment by
Mongooseon Jun 28, 2021 8:19pm
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Post# 33464144
RE:RE:Playing with the numbers
RE:RE:Playing with the numbersryang999 - Yes, I agree. When we all saw that there was almost no ramp in the revenues in the last Q, I think we all questioned at that point how $500K in Jun and $11M for calendar 2021 would be possible. I mentioned in a previous post that either Lisa has to hire a whole bunch of staff to handle the staggering exponential increase or their existing staff have a lot of bandwidth now ( not probable ). So it really is a head scratcher. The only probable answer is everything is heavily back ended and even that is a stretch.
But that being said, I am confidant that $500K in Jun is attainable either by "proper" means or shifting revenue from April and May into Jun. With RHT, I have learnt not to look too much into the future, so I will wait to see what the Q revenue is before commenting about the $11M target.
Full disclosure, I have invested in RHT since 2018 and I have way too many shares.