RKTI currently has no revenues last year.
But please read the press release on December 22, 2004! Here is an excerpt:
"Concurrently, the Company has executed a multi-year technology provision, licensing and services sales contract with a U.S. based organization for Rocketinfo content and technology. Rocketinfo will utilize the new Internet Data center to fulfill the hosting provisions of this contract. This joint venture program is expected to launch in early 2005. The Company expects this contract to contribute EBITDA for fiscal 2005 in the range of $3.0 to $4.5 million with annual growth thereafter. The Company anticipates that this arrangement will represent a significant contribution to net revenue in fiscal 2005 and beyond."
Take big profits when you have them.
"Concurrently, the Company has executed a multi-year technology provision, licensing and services sales contract with a U.S. based organization for Rocketinfo content and technology. Rocketinfo will utilize the new Internet Data center to fulfill the hosting provisions of this contract. This joint venture program is expected to launch in early 2005. The Company expects this contract to contribute EBITDA for fiscal 2005 in the range of $3.0 to $4.5 million with annual growth thereafter. The Company anticipates that this arrangement will represent a significant contribution to net revenue in fiscal 2005 and beyond."
Take big profits when you have them.
posted by beanie11111 | 1:56 PM
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