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Re: John Kent post# 1401

Thursday, 06/22/2017 5:03:55 PM

Thursday, June 22, 2017 5:03:55 PM

Post# of 31087
John, I was going through financial and I was positively surpise to notice that the last quarter compare to previous quarter there was a series of successful achievements here listed:
1) Quarter Revenue increased of ~20% from 3.7M$ to 4.3M$
2) The Gross Profit was positive, of 600,000$ in the quarter which means that despite the increase in revenue the cost of revenue kept constant!
3) This positive change never happened in the past where an increase of revenue was corresponding to an increase of the cost of revenue: things are changing and they are focusing on cost reductions
4) the weak points in the 2015 and 2016 quarters was always the G&A expensive which was constant around 1-2M$ per quarter :2017 indicates roughly 40% reduction in these expenses!

I believe Elliash is focusing on putting the Company in best shape to present TMPS as a perfect candidate for Aquisition!




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