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Tuesday, August 11, 2015 11:57:35 AM
The most recent quarterly report is even more dismal, with a paltry <$800 in gross sales at an even greater negative margin - the company is literally giving the dolls away. Selling $850k to $1 million of gross sales at an even lower (~$17/doll) sales price will yield what kind of margin (if any)??
The company cannot even cover it's interest expense - how they intend to freeze the O/S without taking on additional convertible debt is a mystery to me.
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