Financial Forecasts have been prepared by the Company and provide the Company’s good faith estimated revenues during the ensuing 4- to 5- year time period, based upon adequate funding being secured to fund and capitalize on the Company’s new market opportunities.
As with all forecasts, they are susceptible to unforeseen events or circumstances. Should funding not materialize then financial performance would need to be adjusted. The company’s management is well acquainted with manufacturing, marketing and financial disciplines having maintained operations over 35 years while adjusting to business cycles with the commitment to always “operate within their financial capabilities”. Each product line has its own 5 year forecast with a valuation forecast based on P/E ratios and a consolidated enterprise valuation.
Forecasts are based on a funding that supports a scaled up model of operations. Recent years of manufacturing and marketing results have provided actual production and marketing costs to construct credible forecasts. However, investors must consider the probability of estimating costs and expenses looking forward 5 years in the current economic and political landscape and factor a variance based on personal assumptions. All forecasts are subject to unforeseen events and market conditions.
• A net worth in excess of $1 million which doesn’t include the value of a primary residence.
• An annual income in excess of $200,000 or joint income in excess of $300,000 if married and filing jointly for the two most recent years, with a reasonable expectation of reaching this level in the current year.
• A current Series 7, 62, or 65 licence — these are the most common US financial securities licences, issued and managed by the Financial Industry Regulatory Authority (FINRA). You can find more details about the specific licence here.