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Post# of 74937
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Voices of Reason

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Voices of Reason

Re: SturtzFinanceCorp post# 23989

Thursday, 02/12/2015 9:00:38 AM

Thursday, February 12, 2015 9:00:38 AM

Post# of 74937
Yes - no one doubts the Company can sell dolls....but again, the issue is making a margin. The Company made a NEGATIVE $1 gross margin for the 1st 3 quarters of 2014. The most recent (3rd) quarter showed the company was getting further in the red - the cost of sales greatly exceeded the gross sales. This is before factoring in the operating costs, interest expense, G&A, and payback of convertible loans (or litigation costs to forego repayment).
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