Dan,
Even if there is not much interest in the stock right now, do you think this will change their earnings for the next quarter, the following or the next? I think not!
According to the investor packet sent to me by the company, on page 10, the company has estimated that the Columbia agreements will result in annual revenues to Columbia in excess of $37 million.
If, in fact, we can believe the company,and so far I have no reason not to, we can probably gather that this company has landed a biggie, probably, in excess of $37 million.
In all honesty, let's get a little conservative, let's say the deal is only worth 20-30 million. This is on top of the announcements from last week and the Best Bank deal and all other deals, are to many to talk about right now, I think we can conservatively project revenues of $75 million within the next 12 months. With such a small float, and potential of north of a $1 in earnings, one would assume that we may just looking at a monster stock! Time will tell, but I think we may see $8 sooner than later,IMO.
Kevin |
