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SmallCapStockGuy

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SmallCapStockGuy

Re: stocktrademan post# 37

Monday, 11/28/2016 1:30:05 PM

Monday, November 28, 2016 1:30:05 PM

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Losing Money.Looks like they are spending A TON on personnel for a virtually driven business:

"Excluding these costs, SG&A increased $728,536 from the third quarter of 2015 predominantly related to an approximate $490,000 increase in personnel costs, freight, and other volume-related expenses. For the nine-month period, SG&A was $6,009,026, which was a $1,614,847 increase, after excluding previously mentioned nonrecurring expenses, over the same period a year ago. Volume related expenses account for approximately $1,160,000 of the increase."

http://finance.yahoo.com/news/healthwarehouse-com-projects-consumer-sales-120000532.html
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