Post by
bluemoons20 on Nov 04, 2020 10:23am
new contract contributions??
Hi,
There was a recent post about how all these contracts help. I agree to an extent. I have been a shareholder for years and am way under water. Hoping the best but the reality is that the margins are not even relevant in a way.
The last contract was for about $100,000 per year. What does that work out to as earnings (assuming 100% margin) dividing by 212 million I get 0.00047 per share. Need a lot of those to add up to much.
GLTA
Comment by
Deadornot on Nov 04, 2020 10:37am
Yeah that was just that one contract though. There's been a lot of contracts granted in the last 6 months. Also, our HSPay system with Paypal has not started to bring anything in yet. Once that starts, I think should be in the mid 20s range or higher
Comment by
Bakunin6 on Nov 05, 2020 8:17am
Stocks are priced on future not current earnings. You're buying potential growth here and a multitude of geographically diverse contracts demonstrate that in spades. The problem here is a share overhang that is being steadily chewed through and will abate in time.