IMD Companies Inc (ICBU)

[bigbadjohn]

Here answer this
In the press release in November the company stated that it sold 10,000 tons of mag chrome powder the previous quarter. Their sales price based on their press release was $600 and updated to $660 a ton.

Based on this information there was then 6,600,000 in sales of only the mag chrome powder. What I do not understand is total sales in the previous quarter of Krsna was:

Quote:
PLACERVILLE, CA, Nov. 10, 2017 /PRNewswire/ - IMD Companies, Inc. (OTC: ICBU) Board of Directors announced today that the company's subsidiary KRSNA Minerals had record revenues of $4,616,013 and net profits of $996,490 for the second quarter June 30, 2017


If they had record (not recorded, RECORD) revenues of 4.6 million how did they sell 6.6 million in mag crome powder? Anyone?

Huh, how does that compute? Everything stated also comes from the financials and press release signed by Rick Wilson.