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Second Wave Petroleum Inc SCSZF



GREY:SCSZF - Post by User

Bullboard Posts
Comment by idleSpeculatoron Aug 08, 2004 4:09pm
54 Views
Post# 7788256

RE: Reality check...

RE: Reality check...Quote from Cymru "Q3 had better show revenue from transaction fees that is significantly better than $ 250,000. In fact I would expect to see a minimum of $500,000 to justify any sort of excitement from a shareholders viewpoint. Any revenue from a Speedres sale should be in addition to this number." I am afraid to say, not a hope!! Initail estimates for each TT/SB was income of $60K/annum, downgraded to $40K then again to... Let's say $30K-$60K/ annum range, $2500-$5K / month. Then to an increase of $250K/quarter, $83K / month, we need 17 - 34 LIVE (no really live) TT/SB customers at the beginning of the quarter, we don't have anything like, so you definitely won't $250K extra transactional income in next financials, More likely to see $50 - $75K imo Maybe 3rd quarter next year? If we are lucky. Idle
Bullboard Posts