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Re: PhilipDrummond post# 44299

Thursday, 09/07/2017 9:46:23 AM

Thursday, September 07, 2017 9:46:23 AM

Post# of 61155
Incorrect again. Revenues are not everything, there is material value in each acquisition. The same way you or I would buy a car, it has a material value regardless of the fuel mileage. Any company has a material value regardless of whether they turn a profit or not. $MMEG was in "dire" need of cash flow in late 2016'. They're solving their problem and adding value to the company at the same time, now they're over +$2.5M in revenues. Having cash flow allows them to operate in a much debt friendlier environment now and into the future and the revenues are growing with each acquisition. $MMEG has a long term plan, they're positioning themselves for a very bright future. ...imo
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