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Re: DocLevi post# 41503

Tuesday, 06/10/2014 11:57:49 AM

Tuesday, June 10, 2014 11:57:49 AM

Post# of 48039
As far as I can tell, they're still a money-losing operation.

From their last (2013) annual report:

SALES, NET $73,610

COST OF GOODS SOLD $302,804

GROSS PROFIT -($229,194)

TOTAL OPERATING EXPENSES $1,317,366

LOSS FROM OPERATIONS -($1,546,560)

NET LOSS -($1,958,683)

ACCUMULATED DEFICITS -($7,915,695)


A nation of sheep will beget a government of wolves. — Edward R. Murrow