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Tuesday, June 03, 2014 5:12:09 AM
Lisa and co are building a company with only a few persons so overhead is very low. General and Admin expenses for Q1 were about 24k. Persons who provided professional services took payment in stock so they must feel the company has value.
Let us say a top line profit per pen $35. Total expenses in Q1 were about 346k. By these calculations, we need to sell 10,000 pens to break even. Will be fun reading releases this month to see how close I came.
I use the pen and have cut my smoking by more than half. I bought my lady the pink pen and she is starting to smoke less as well.
Good luck to all.
Happy trading.
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