Really the fins suggest there is gross profit in that cost of goods sold is less than the sale price. There are decent revenues but at cost for administration and sales to be four to one suggests the overhead here may be a bit rich?
There are products and revenues and I am curious to try one of their/our products. With these revenues there lie potential for a young company to break out.
For those of us that are shareholders we know our money has supported this company. We should look for prosperity.
For the longs, I played this at the beginning and made a grand. At a buck to over two bucks was my first short term aggressive flip. We are below a penny now with revenues that could turn into retained earnings and reinvestment capital if we didn't pay four to one for each dollar of revenue.
That ratio must be greatly improved by increased revenue per dollar of revenue generation expense.
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