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Re: None

Monday, 01/11/2016 10:24:54 PM

Monday, January 11, 2016 10:24:54 PM

Post# of 10142
Hey everyone, I've held URBF for about 3 months now, but first post here. It's good to see that 10Q was finally filed. one thing thing that really stood out to me was the 12 month expected expenses table. If you take a look at the first line of table under Item 2: Liquidity and Capital Resources section of the 10Q, they have listed as the 12 month expected cost of sales as $282,248. Considering the quarterly cost of sales on $36k in revenue was $9K, it looks like the company is planning on $1.128 mil in revenue Nov '14 - Oct '15. Should be interesting to see how the 2nd QTR 10Q looks. Any thoughts?