Sir this is straight from their financial. I did see that they have purchased equipment to increase their business and like any business that is trying to expand their will be more of a loss but it looks like they have gain more revenue from 2015 the only expenses I noticed and I might be wrong are the loans to expand the business and the notes they have been paying back. Looks like a they are a profitable company if you remove the notes and other loan expenses.
"We had revenues of $7,480 and $10,621 for the three months ended September 30, 2016 and 2015; respectively. Promotional allowances and direct costs of $24,300 and $11,438 for the three months ended September 30, 2016 and 2015; respectively.
We had revenues of $153,444 and $163,650 for the nine months ended September 30, 2016 and 2015; respectively. Promotional allowances and direct costs of $213,168 and $120,159 for the nine months ended September 30, 2016 and 2015; respectively.
The Company recognized Gross gaming revenue is the gross gaming yield which is the difference between gaming wins and losses and includes promotional betting (“Free Bets”). Free Bets are included in promotional allowances and are deducted from gross gaming revenue to arrive at the net gaming revenue. All other costs are included in selling, general and administrative expenses."
