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Alias Born | 02/05/2008 |
Monday, January 08, 2018 11:28:47 AM
Odds of that is 75/25 in our favorite,thanks to management's tough decisions** and more*** that have turned around the company and saved it from BK.Even at 2.4c,all lights are green.
note:
**inventory write-off of $300K
**rack-bag write-off of $145K
**bad debt write-off of $156k
**a/r note write-off of $30k
.......
.......
plus
***wage deduction of $61K
***director of board fee deduction of $24k
.....
.....
or
business model is simplified to
15%(net income)=100%(revenue)-65%(cost)-15%(sg&a)-120k(interest)
or
net income of $100K+ for q1 2018.
I believe this baby is back from the dead and ready to rock-and-roll.woooowwwwwwwww.
ps-end of the tunnel is at sight for the old farts,your luck is about to change.
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