Sunday, November 16, 2014 10:20:40 PM
Debt went up 800k Q to Q, 600k of that was for inventory. The showed revenues up 300k, cost of revs down 100k, made almost 370k more gross profit which leads us to estimate they will be profitable in 1-2 quarters.
They are making a roughly 67% ROI on the new debt, and with the current pace of growth most of it should be gone in 6 months.
I don't understand your pessimism, please tell me where I am wrong?
BigCheds
* May your trades turn out well and bring you profit - Good luck *
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