RE:RE:RE:RE:4th quarter and year end resultskingscorpion wrote: I hope this number that you put out for Q4 is the right one because the CEO said when asked "the Q4 results look good" he said It would make more sense that the revenue should be $9.7 mil If the Q4 is as you suggest then take out $5 mil for wage cost that leaves $4.7 mil. Out of that, if net earnings at 30% ROE then $4.7x 30%= $1.41 mil net earnings. From this the E /S = 1.4 mil 132 mil shares outstanding Your E/S = .01c This means company has positive cash flow and is profitable
Guess we'll find out, but if the numbers don't match, then it means some contracts were changed or one of the backlog figures wasn't reported correctly.