RE:What should we expect for Q3?
Good4You wrote: Q1 revenue was C $6.26MM with a backlog of C $26MM. Q2 revenue was C $8.33MM with a margin of60% and a backlog of $32.1MM. With 5 market/working days remaining in Q3 what should we expect as Q3 revenue and backlog? From his April 16 expectations, Peter still have to deliver a minimum of $54MM signed contracts ($65-$11MM) within the next 16 market/working days (till October 16). Let see if he will perform to his own expectations and if he is credible? ..................................................... Here is what our CEO told us on April 16: "If we are conservative and define the pipeline as being those contracts where we are either in final discussion as the sole supplier, or in a leadership position in a competitive bid, and if we further narrow the definition by looking only at contracts that are expected to be signed within 6 months, then the pipeline is in excess of $65 million. Most of that pipeline would be expected to be completed within 18 months after signature. As such, the Board is of the opinion that the Company continues to strengthen its position and has never been better placed. ...........................................,........... Peter told us: "WITHIN 6 months" ( till mid-October): with no specific date, meaning any day, any time, now within the next remaining 16 market/working days. Good4You
He just said yesterday on Sidoti Presentation weeks or a month away for 3 big catalysts that could happen:
Please be patient...patience will be rewarded..imho greatly!
Long and strong PYR!!!!!!!!!!!!!!!