Rich...I think on balance, the scales are tipped heavily to our side today.
on one side - you've got the shorters Shitfield and Scum re-introducing a bogus, slanted, obviously self-serving piece of trash on two consecutive days (the two final days prior to launch (another obvious move)). They stand to lose a fortune...make 'em cover!!
on the other - youve got a very clear PNLK acknowledgement and rebuttal (done in a very classy and tasteful way), and our most powerful press release yet. Add to this the launch going on schedule, and the clearly laid out financials...(see below)...and we are going up (and in a BIG way today). People that sold yesterday got screwed in their panic. This morning they are going to look to get back in on the hottest darling of the internet. I can hardly wait to see the panic buying this morning.
MUST READ AGAIN (if you haven't):
......Financial Highlights
According to the company's business plan, over the next 12 months the company anticipates signing up approximately 40,000 subscribers at an average of $360 each which would generate revenues of 14.4 million dollars, which would be classified as subscriber revenue. Other revenue streams include, but are not limited to banner advertising revenue and fees for catalog listings, and others, which would produce gross revenues of approximately 21 million dollars in year one. For the first year the company estimates pre-tax income of approximately 16.1 million dollars, after-tax net income of approximately 8.7 million and an E.P.S. of 23 cents per share.
In the second full year of operation the company anticipates approximately 47,500 new subscribers and 33,600 renewal subscribers for a total subscriber base of 81,100. This estimated subscriber revenue of approximately 29.2 million (81,100 subscribers x $360/annual subscription) combined with additional revenue streams is expected to bring in 42 million dollars.
For the second year the company estimates pre-tax income of approximately 31.4 million dollars and after-tax net income of
approximately 17 million dollars with an E.P.S. of 44 cents per share.
|
