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Re: GraspySchuster post# 57755

Wednesday, 06/28/2017 9:30:59 PM

Wednesday, June 28, 2017 9:30:59 PM

Post# of 128531
yep, most of the cash burn is expansion related, including the expansion of our inventory and biological assets, but even if you took that all away, we are still burning cash - the overhead - the sales, marketing, general and administrative expenses, interest - it is more than our sales, it is way more than our gross margin

revenue of 14 million
operating expenses 23 million

this corporation needs a different kind of growth, if expenses grow faster than revenue than growth is the enemy of intrinsic value