Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Microcap & Penny Stocks : EVDS Environmental Digital Services, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: ColleenB who wrote (252)	10/25/1998 10:54:00 AM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 718

EVDS Financial Projections for 1998: These projections are based on the company having a working product in the field for almost four years (at a Texaco service station), strong major oil company interest for the CAPSCAN product, and a $4.5 million order for tank installation (8/17/98). 100 of the manufactured prototypes will be available soon, CAPSCAN orders should follow quickly, and initial deliveries are scheduled for early December, 1998. EVDS estimates that initial orders could be in the 5,000 to 10,000 unit range. Using a more conservative conservative number of just 3,000 CAPSCAN (and associated products) units sold in 1998 it can be estimated that EVDS will be able to book $2.5 million in sales this year plus an additional $0.5 million in revenues from the Construction and Remediation arm of the company for a total of $3.0 million. Gross margins are very high, estimated to be to be 79% for the year. Expenses have been under tight control, other than engineering expenses which should be about $400,000 for the year. This leads to a pre-tax profit estimate of $935,000 for 1998. There will be no taxes on that as the company has a $1.7 million NOL, leading to an EPS estimate of $0.06 for 1998, all of which is expected to fall in the fourth quarter. Regards, Jeff