Sunday, August 20, 2017 10:53:39 AM
It made me realize I misstated KReDs representation where break even would occur. You are correct, it was $4-500k/mo, not per quarter.
Therefore, KRED had a decent quarter for sales, avg $330k/mo. However, didnt KRED announce their April month was about $330k? So May & June averaged about the same as April. Hoped for much, much more as the warmer weather hit.
Losses growing and cash harder to come by. Will be interesting how Q3 is doing. I hope improved from Q2.
Is Kred gonna have an earnings call? Their last PR indicated they would have regular earnings calls. Hopefully a PR comes out tomorrow with details. Would be the perfect time to elaborate on progress for this quarter.
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