InvestorsHub Logo
Followers 30
Posts 3576
Boards Moderated 0
Alias Born 03/21/2011

Re: senor_c post# 81172

Sunday, 10/19/2014 1:07:18 PM

Sunday, October 19, 2014 1:07:18 PM

Post# of 290030
Guidance lower by 60%. Market conditions? Really? Ok. But there is more to this story ...

Now for the real concern. How much money has been made from the current 4m in sales?

Answer: zero.

How much does their product cost versus what they sell it for?

Answer: (-3% margin)

Is this a viable business model?

Answer: bankrupt if things don't change in a hurry.