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Re: None

Tuesday, 08/18/2015 11:46:18 AM

Tuesday, August 18, 2015 11:46:18 AM

Post# of 17504
If you actually shared the rest of the info you would have pointed or noticed at least that the company stated it was spending more money on travel and business development. That would sure make sense to why that expenditures went up and the office rent went down.

As I said before I like the executive office sharing format. Pay for what you need. While I know a short seller would prefer to see the old $7,000 + per month office burn rate, but any long shareholder is appreciative they are not wasting money like that.

As for a marginal decrease inn sales and profitability for the quarter, lets not overlook the almost 30% decrease in FX from the CAD sales converted to US. The other expenses were USD the whole time. But lets not confuse anyone with facts right?