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Post# of 3362
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Re: None

Monday, 01/09/2017 7:19:53 PM

Monday, January 09, 2017 7:19:53 PM

Post# of 3362
Magnum still holding 15K of DIGP. While the losses were staggering but still down $600k from prior year their is still hope there. In the loss over $1 Mil in stock compensation which should be down considerably this year. Also noted the revenues were $264k Q3 were up over 10% Q4 to $306K Q4. All in all that is a nice revenue increase on a Q/Q basis. Q1 should also show a very nice increase not really sure if testing rules will help them like Oregon helped SGBY. Unfortunately their going concern warning which is normal at this stage showed they need cash to survive. Who knows maybe a nice take over by SGBY would be in order. Very good SS their but SGA is totally out of control. Only good thing I saw was continued revenue increase. Guess we will see how that works out. Certainly with Nevada legalizing will not hurt them.

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