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Alias Born | 05/03/2011 |
Thursday, August 20, 2015 9:45:21 AM
Revenues were $8,000 and $46,000 for the three months ended June 30, 2015 and 2014, respectively, a decrease of $38,000.
Operations expenses were $31,000 and $21,000 for the three months ended June 30, 2015 and June 30, 2014, an increase of $10,000.
Selling, general and administrative expenses were $251,000 and $159,000 for the three months ended June 30, 2015 and 2014, respectively, an increase of $92,000.
The resulting effect on these changes in gross profits, operations expenses, and selling, general and administrative expenses was an increase in loss from operations in 2015. For the three months ended June 30, 2015, the Company had a loss from operations of $286,000 compared with a loss from operations of $146,000 for the three months ended June 30, 2014, an increase of $140,000.
More losses, more dilution, more excuses, more BS.
In other news...Sugar Daddy Schewe gave Carl his monthly allowance...to the tune of $35,000 (20+ million shares).
Rule #1 is never lose money.
Rule #2 is never forget Rule #1.
My posts are my opinions only. Do you your own due diligence.
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