Wednesday, March 11, 2015 7:10:25 AM
this seems to be in addition to the distribution they had in place for Q3 sales when they did $1.3M net revs, $878k gross profit, not to mention a net loss of ($183k)
Not out of the realm for them to pull a profit in Q4, if not Q1 should actually have net income and substantial increase in revenues so things could get interesting even with 3B O/S
If Q4 and more importantly Q1 can show a good turn on inventory and a decrease in DSO (Day sales outstanding which is reflection on AR collections) with of course a reduction in debt this could see a massive run into the summer as they will have a clean balance sheet and be profitable not many OTC companies can say that.
Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • BLO • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM