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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?

To: F. Jason Fowler who wrote (5256)	8/5/1998 10:31:00 AM
From: John Chapman	Respond to of 7491

Jason: Same conclusion here. The June 2, 1998 PR projected the initial order at 40,000 units at $25.50. 40,000 x $25.50 = $1,020,000. Say a 50% profit margin would make $510,000. $510,000 divided by 20,143,405 shares = $0.025 per share. I am guessing that is how Cashco arrived at its .03 projection. If that is true the .03 includes nothing for the litter which is understandable because at the time they could not have had any reliable projections of sales of the litter. I wonder if they have any better handle on it. The period of the projection ended December 31, 1998 whic leaves a lot of time to start realizing income from the litter sales. There has to be startup costs considered though.