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Re: TapePainter post# 79848

Wednesday, 06/25/2014 11:35:30 PM

Wednesday, June 25, 2014 11:35:30 PM

Post# of 123645
Yes the best case scenario is 31,000 in gross sales. That's also less than $15,000 in gross margin not including co-op fees and expenses. Take out just the two employees making $27,000 a month and you're at $3,000 a month before paying the other employees, rent, payroll taxes, etc. so the awesome scenario is obviously a money loser. If Costco is a money loser and it's being touted as some kind of incredible happening I think you need to look at this company that is currently insolvent as unable to pull the rabbit out of the hat. There's just nothing here. It's nickels and dimes with no relief of huge debt, payables, legal fees, etc. how can you run a company with no money? I assure you they are burning rough more than ten times what they're bringing in. And let's not forget that they're already known to owe more In back taxes than 200 months of sales at the "awesome results" level. This thing is most definitely a pipe dream. Actually I take that back. Anyone on the inside perpetuating this must know its a stock play for insiders and the owner of the zero basis stock. It will go away when the money runs out. Should be in just a few months.