Tristar Wellness Solutions, Inc. (TWSI): TWSI projecting higher gross margins...M...

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Friday, 08/14/2015 12:06:13 PM

Friday, August 14, 2015 12:06:13 PM

TWSI projecting higher gross margins...MAJOR!!!

This was from 10Q-NT filed. With higher gross margins then we could see some stronger earnings going forward from here. this is what was said in 10Q-NT

We anticipate our financial results for the three and six months ended June 30, 2015, will differ significantly from the prior year due to our transition from in-house manufacturing of our HemCon products to utilizing outsourced, third-party manufacturers. This transition began in December 2014. We believe this move will result in a significantly increased gross margin ratio for the products we sold during the three and six months ended June 30, 2015 compared to those sold during the three and six months ended June 30, 2014. The exact impact of these changes will not be known until our financial statements for the periods ended June 30, 2015 are completed.

This could finally start TWSI up to life!