wildbird1 wrote: I agree with you mellocello & fearlessggg1962 that M.Gunter did say "Tens of millions of dollard".
The big question is.
How much revenue does Datametrex need to generate in Q2,2021 in order to accumulate $20 million in the Bank???
The numbers...
-In Q1,2021 the real increase in cash in the bank was $2.6 million ($4.6 million Q1 - $2 million from 2020 cash in the Bank).
- This $2.6 million increase was acheived with $19 million revenue in Q1,2021.
- Let's assume that Q2,$20 million cash in the Bank include $9 million receivables from Q1,2021....$20 million - $9 million = $11 million is the real increase in cash in the Bank in Q2,2021.
The three numbers that we have are...
- Q1 revenue = $19 million.
- Q1 cash in the Bank increase = $2.6 million.
- Q2 cash in the Bank increase = $11 million.
The Rule of Three... Q2 revenue = $19 million x $11 million
____________________
$2.6 million
Q2 revenue = $80 million.
The fun of playing with numbers, is that you can make numbers say whatever you want.
But we never know, or we will know in Q2 financial if that $80 million is possible.
On the other hand, that $80 million could in part explain why somebody (possibly in the know) would be placing big walls at 0.20 $ in order to accumulate as much as possible before Q2 financial are released.
If the "tens of million dollard" is really over $20 million, it is not even worth trying to ask M.Gunter about it , M.Gunter will definitively sidestep the question(it is a revenue question).
It is fun to play with numbers.
mellocello wrote:
My interpretation of this is....that 10s of millions implies more than 20 million.
I bought more shares again this week. I now have a very pleasing average...and a whack of shares! ;-)
GLTA
MC