Alkame Holdings Inc (ALKM)

[Shrimclim]

Guys/Gals - I think we're missing something in this latest 10-Q.

From page 30: BTW, these numbers represent ONLY 6-months of selling!

Operating Revenues
In the three and six month periods ended June 30, 2015 we generated $307,245 and $601,251, respectively, in revenue, versus $69,820 and $99,011 for the three and six month of the previous year. 500% Growth in REVENUES. WOW!!!

The increase is due to two factors: (i) in the first quarter of 2014, the Company was just beginning its sales efforts, so Quarter 1 of 2015 is the first full quarter comparison; and (ii) we have additional sales from the acquisition of Xtreme Technologies, Inc. which occurred in the first quarter of 2015 (see Footnote 11). We expect that over the coming months, our sales and marketing efforts will result in significantly increasing sales.

Gross profit
For the three and six months ended June 30, 2015, our gross profit was $71,995 (23% of revenue) and $141,348 (24% of revenue) compared to gross profits of $6,083 (9% of revenue) and $3,388 (3% of revenue) for the three and six month periods ended June 30, 2014. 2,000% Increase in GROSS PROFITS. AWESOME!!!

The increase in gross profit dollar amount and in gross profit percentage in 2015 from 2014, is a direct result of the acquisition of Xtreme Technologies. We are able to amortize the manufacturing and management overhead of the two companies over a larger sales base, and therefore generate a better gross margin.


Look for this stock to BLAST OFF in the not too distant future.