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Re: Diogenes of Sinope post# 12961

Friday, 08/19/2016 10:33:51 AM

Friday, August 19, 2016 10:33:51 AM

Post# of 13852
Granddad
I'm sure they will improve on getting the fin's out on time. Last quarter was also late, but had great news. Here's a little snippet from last quarter...

"...FBC's revenues for the Three Months Ended, March 31, 2016, amounted to $336,121, which represents almost 40% of the $864,616 of revenues amassed during the entire year of 2015. The Gross Income for the Three Months Ended, March 31, 2016, totaled $249,786, for a Percentage Gross Profit of 74.3%. This is in comparison to $563,937 of Gross Income for the entire year of 2015, for which the Percentage Gross Profit amounted to 65.1%. The 1st Quarter of 2016 showed a Net Income of $22,790 compared to a ($455,165) Net Loss for the entire year of 2015. IFBC is improving both its profitability and its percentage gross profits via an emphasis on higher margin food products, the sales of which are eclipsing those of the wine segment of the business...."

Hoping for more of this!