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Thursday, March 26, 2015 2:57:52 PM
Losing $10 million in sales cost the company close to $5 million. So, if the company gets $10 million in higher sales this quarter, then it will have a loss of around $3 million....as it most likely cut costs by $2 million through reduced product development costs, reduced manufacturing costs, reduced labor costs and no year-end bonuses to pay.
The $2.5 million investment with Capstone Nutrition will probably fall later in the year, I have the feeling that Capstone is happy with that.
So, the loss may be equal to the cost of endorsements and sponsorships for the quarter...around $3 million.
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