Post by
Wrywisdom on Mar 01, 2022 6:40pm
Est. Minimum 115 million Working Capital for next 4 Quarters
A reasonable working capirtal projection for the next 4 quarters based on current 54% revenue increases during harsh covid should easily be in the 70-100% revenue growth realm as we get past the pandemonium. This does not take into account the array of accomplishmnets on the table soon coming to fruition.
To be on the conservative side using 70% takes us to 94 million in revenue for the next 4 quarters. Add to that the 20 million recently obtained yielding 115 million in working capital as a realistic minimum estimate moving forward.
Simple realistic math. Plus internal comments suggest collective belt tightening with an eye to profitability toward the end of the year.
Comment by
shenry24 on Mar 01, 2022 8:28pm
I really hope you're right. We shall see come May, if they're still blowing smoke. They've been "anticipating" profitability for almost 2 years now.
Comment by
Nicksonsnowboar on Mar 02, 2022 10:51am
Stay away from the verbal diarrhea just follow the stock price and volume. Interesting day volume way up stock price declining . People unloading ?
Comment by
Bunchofbros on Mar 02, 2022 3:15pm
No one is unloading those are all average down buys at 0.08 I just bought a ton more