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Re: PENNYPUNCHER post# 106571

Wednesday, 07/05/2017 7:02:55 PM

Wednesday, July 05, 2017 7:02:55 PM

Post# of 107227
Massive losses too.

Total revenue. $1,027,984
Cost of revenue. $1,058,778
---
Gross profit (loss) ($30,794)


Officer compensation $1,620,204
Professional fees $2,944,371
General and administrative $608,394
Impairment loss $2,673,546
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Loss from operations ($7,877,309)


Net loss before income taxes ($10,041,385)


So Next Group managed to lose $10 million dollars on sales of $1 million dollars. Awesome.