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Re: Jayyy post# 7915

Wednesday, 11/23/2016 5:09:54 PM

Wednesday, November 23, 2016 5:09:54 PM

Post# of 13735
You say "Mexico sales are have declined by 90%". I question how you computed the 90%.

Here are the yearly Total Revenue figures from OTC Markets. As all sales are in Mexico, Total Revenue and Mexico Sales are the same.

Period Ending.....Total Revenue
June 2013............$154k
June 2014............$529k
June 2015............$87k
June 2016............$263k

As you can see, from June 2014 to June 2015 sales declined from 529k to 87k (83.5% decline). I suppose this is the 90% you are referring to, but you just rounded up.

You could also have stated that Mexico sales increased 200% from June 2015 to June 2016, or to say it another way "Mexico sales trippled in the last fiscal year. Not too shabby!