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makingmoneynow

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makingmoneynow

Re: None

Tuesday, 03/01/2016 4:05:10 AM

Tuesday, March 01, 2016 4:05:10 AM

Post# of 617
Check out Q4 results for Moseda (MSD.V or FLNTF) at: http://sedar.com/Displ...

Key highlights:

- Revenue grew from c. 9k Q414 to 338k in Q415
- The Company recorded a gross margin of c. 42% during Q4
- Loss for the quarter 477k
- Strong balance sheet position with 808k in cash, 263k in receivables, 258k in prepaid expenses and 23.5k in inventory
- Payables reduced to 215k

The Company has enough cash for the rest of 2016 and that will likely extend further as more revenue is realized.

MMN
https://twitter.com/makingmoneynow1
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