Thursday, December 14, 2017 4:49:15 AM
S&L hired a bunch of new employees and started training them months ago which resulted in a large amount of expenses.
There was also $1M worth of cost incurred in construction and further expansion of the third location which just opened. Most of the costs would be capitalized and expensed over a period of time, however, a portion of the cost would have been epxpensed immediately when incurred. Hope this helps.
There should be a break down of the revenue streams in at least the MDA section of the Financial Statements.
Haven't found any penny stocks that is run as professionally and has as much potential as Amfil tech.
$AMFE!!!
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