Friday, December 05, 2014 12:24:44 AM
YOU ARE WRONG MONEYMADE!!!
Possibly we may want to go to school and learn the difference between shares outstanding and shares authorized because a company's share structure does not include their shares authorized!
SCAM??? SERIOUSLY????
Let me guess... When the price of a stock goes down it must be a scam????
What kind of due diligence goes into a theory like that?
Please give us the analysis that shows that this company with its 3 years of audited operations and 30 branches in over a dozen states is a scam.
Feel free to dissect the information below so this "scam" theory can be proven:
2011: $165,000 revenues (audited)
-2012: $7,100,000 revenues (audited)
-2013: $16,100,000 revenues (audited)
- YTD Revenue for the 11 months increased 52% to $22.5 million.
-2014: $25,000,000 revenues (PROJECTED) with the company showing $4 million in A/R, $1 million cash (PROJECTED) and positive EBITDA
-Growth from 0 to 30 branches in just three years
-Increased gross profit margins from 15% to 25% over the last 12 months
- Same branch revenue up 12.5% year-over-year
- Over 1400 customers
- EBITDA of $121,577
- Adjusted EBITDA of $344,731
Current outstanding shares approximately 60 million.
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