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Re: LoveAndLight post# 1634

Wednesday, 08/10/2016 12:57:34 PM

Wednesday, August 10, 2016 12:57:34 PM

Post# of 2399
We are making progress! You admitted that the 10-Q wasn't "that bad".

I don't understand what you're seeing that I'm not. Admittedly, I want this to be positive news, I still have a considerable chunk of shares left in TRKK, and I'm shooting myself in the foot spreading my honest opinion, but just look at the context.

Gross Margin is down to 17.3% this year from 27% same time last year.

If you account for the currency fluctuation regarding the Brexit, the revenue growth over last year was 0.003%. That ridiculously disproportionate to the massive slide in gross margin.

Gross Profit is DOWN 36.5% over last year. Their financials show that, yes, they are converting liabilities, they are growing stronger, etc etc, but realistically they are NOT setup to make any considerable profit in the near future.
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