Impact Fusion International Inc (IFUS)

[pantherj]

Wrong!! Below is a list of the expenses. With the possible exception of some future reduction in the cost listed as "machinery expense," they are all recurring expenses. Even if we were to assume that there would be absolutely no future "machinery expense," it still costs Supreme $7 to bring in $1 in revenue.

Expenses
Accommodation 5,041.19
Advertising and Promotion 525.00
Auto and Truck Expenses 5,929.66
Bank Service Charges 894.66
Consultant 1,000.00
Finance Charge 290.25
Insurance Expense 6,601.89
Machinery Expense 89,020.74
Meals and Entertainment 2,500.03
Office Supplies 4,011.93
Officer & Management Fees 6,950.00
Payroll 26,410.11
Petty Cash 4,944.36
Postage and Delivery 999.82
Press Releases 274.00
Professional Fees 250.00
Rentals 9,390.96
Repairs and Maintenance 49,958.80
Sales Tax 422.85
Telephone Expenses 783.14
Travel Expense 6,133.28
Utilities 4,172.40