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Re: sirglenn post# 124419

Tuesday, 08/15/2017 3:07:33 PM

Tuesday, August 15, 2017 3:07:33 PM

Post# of 141614
Yes, that is/was my problem and I applauded Brian in a post last night. I hope he stays true to his word. Last time he geared up and then dropped the ball. Let's hope this time is different.

I'm still skeptical about increase in revenue. True profits were up but was that because debt/legal fees are down?

Simple example:

Year 1
Gross Profits from doing business: $1,000,000. Minus expenses: $750,000. Net profit: $250,000

Year 2
Gross Profits from doing business: $1,100,000. Minus expenses: $550,000 Net profit: $550,000

Business only improved by 10% but net profits increased by 50%+. Big disparity going forward looking at business growth. The business did not grow by 50%+

This is how I am seeing it. I'm trying to understand and have a dialog. That's how I work. It's not personal peeps.