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Re: yankee2 post# 11788

Monday, 05/16/2016 9:21:39 AM

Monday, May 16, 2016 9:21:39 AM

Post# of 18453
10Q out. BWMG turned a profit again, though it was a small one. I actually expected a loss, as this same quarter last year was the worst of 2015, as far as the bottom line. Had it not been for some convertible debt write off, there would have been been a small loss. I see the write off of some of the old conv debt as a good thing, though.

From the 10 Q:
Net Income (Loss). For the three months ended March 31, 2016, we had net income of $14,685 as compared to net loss of $79,628 for the three months ended March 31, 2015, an increase in net income of $94,313, or 118%.


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