SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VRDM - Veridium Corporation

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rrufff who wrote (21)3/22/2006 9:55:53 AM
From: Crabbe   of 133
 
That $10 million you mentioned is just the revenue from the Oil Extraction Systems, five sales, note that is a repeating year after year $10 million, due to Veridium's unique business plan. Before these sales Veridium had quarterly revenue (3rd quarter 2005) of $3,390,833, and 9 month revenues of $10,220,274, So Veridium is now looking at annualized revenue of approximately $23,000,000 with no more sales at all.

r
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext