Creative Edge Nutrition Inc (FITX)

[shajandr]

"8.5 million on sale general admin expenses ?!?!?!!

What did they spend that money on?"

Have you seen the costs of condos in Dubai? Plus first class airfare to Ukraine, then Tanzania, then Dubai. Plus hotels and car rentals and insurance.

"Bill" thinks he's Anthony Bourdain. Notice that SG&A is NOT capital spending, it's expenses. So that is not for the building of the polebarn (which was done in a different quarter anyway) or for capital equipment like growlights or pods.

That's EXPENSES.

Perhaps "Bill" was sampling some of the fine female paid companionship that the Ukraine has to offer. That would be classified as an entertainment expense.

A safari in Tanzania and a hotel on the beach in Zanzibar - that would be an entertainment and travel expense.

First class ticket on Emirates to Dubai - that would be a travel expense.

Caviar in Kiev and dinner at the Burj - those are meal and entertainment expenses.

These costs add up.