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Re: QuickDeal post# 53743

Sunday, 06/28/2015 1:12:18 PM

Sunday, June 28, 2015 1:12:18 PM

Post# of 56720
"We are living on different planets, on my side, if the money can't cover the costs & liabilities, its not call a profit."
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Yes, we are.
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I understand US GAAP and that gross revenues minus all expenses equals net profit before taxes. That's what the PR states clearly to those with the willingness and sincere interest to read correctly.
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Sorry I have been unable to educate anyone here about basic accounting income statement fundamentals and how that applies to GOSY's financials. In my admittedly limited experience, that is what is learned in Accounting 101 by those that have any business education whatsoever.