InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,469.30
(
0.00%
)
US TECH 100
19,155.60
(
-0.10%
)
Dow Jones
39,112.16
(
0.00%
)
Brent Oil
84.31
(
0.15%
)
Bitcoin
61,450.16
(
-0.58%
)
Post# of 27076
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

brookswashere

Send PM Follow Ignore
Followers 0
Posts 10
Boards Moderated 0
Alias Born 12/26/2013

brookswashere

Re: Nutrition121 post# 8241

Thursday, 05/15/2014 10:37:57 PM

Thursday, May 15, 2014 10:37:57 PM

Post# of 27076
Gross margin of 24% with overhead of $3MM per quarter means this company needs revenue of $50+MM per annum to break-even. Doesn't seem likely in the foreseeable future.

The Company burned through all of the EDA money on overhead (no capital investment, pay-down of debt, cash reserves, etc).

Maybe Mr. James was more focused on his CFO duties for TRTC, although they lost $4.9MM during 1Q 2014 as well which means Mr. James' had almost $10MM in losses in a three month period between the two companies.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up