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2obee1

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2obee1

Re: Philly072 post# 249025

Tuesday, 06/23/2015 2:20:09 AM

Tuesday, June 23, 2015 2:20:09 AM

Post# of 347767
If you read the Quarterly, it states that revenues are down because Level 5's promotions with major retailers.


Gross Profit

During the three months ended April 30, 2015, gross loss was $122,870 compared to gross profit of $208,488 during the same period in fiscal 2014. The decrease was due the Level 5’s promotion sales during the quarter to launch new key retailers. Gross margin were 35.9% in the three months ended April 30, 2014...
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