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Re: Jaxon2010 post# 62864

Monday, 09/01/2014 12:08:25 AM

Monday, September 01, 2014 12:08:25 AM

Post# of 76488
Agree Jaxon! What many may have overlooked is that VGPR came within $46K of showing a profit last qtr. I'm not talking just revenues, but actual earnings. We made 26K on 53K in sales, a 50% gross margin. One truck load of biochar would bring in 18k in PROFIT. We were within 3 truckloads of not only showing revenues, but actual earnings. Any order from a national or even regional chain would dwarf that amount. There are many, many larger companies (non pinks) that aren't that close to profitability yet they command high stock prices. Hopefully biochar pays the bills while biocoal pays for future expansions to grow the company. VGPR also has no interest expense on the financials. No bank loans. Investors have financed the company. Future gross profits have a much easier time making it to the bottom line if not smothered by interest expense and high operating costs. VGPR seems to be setting it up right. Keep the costs low, strong gross margins, investor financing and investing in production capacity. The price per share will reflect this when it happens. End of year looks promising, 2015 looks even greater.

Best of luck to fellow vega investors!