<<Has FAMH ever released any 1996 figures?>>
I haven't seen any. But, we can make an educated guess from the figures they released for 1st half of 1997:
Time period Revenue Expenses Net Income ----------- ------- -------- ---------- 1st 6 months of 1997 4,155,593 2,889,739 1,265,854
Double the above 8,311,186 5,779,478 2,531,708
x 90% (hypothetical 7,480,067 5,210,530 2,278,537 10% growth from (for 1996) year to year)
Since any profits from Myraid will be used to pay the back taxes, the profit will be about the same for 1997(+10) and 1998(+20).
Reasonable estimated EPS for 1998:
audited 1996 net income ((audited ) ) ----------------------- X ((income after ) ) 2,278,537 ((taxes in 1996) X 1.20) ---------------------------------------------------- 75,000,000 outstanding shares
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