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Re: kbaz post# 66166

Friday, 01/19/2018 10:39:40 AM

Friday, January 19, 2018 10:39:40 AM

Post# of 72036
The numbers below are Munzee's numbers on a standalone basis as presented in the 8k/A that was filed, this does not include FRZT numbers. The combined entity of Munzee and FRZT are operating as a gross and net loss. The gross loss for 9 months ended of the combined entity is $500k

I am getting the impression that people either did not read the financials or do not understand how to read financials

Again, these figures represent only Munzee numbers as presented in the 8k/a, feel free to calculate yourself

in 2015 Gross margin was 4.8%
in 2016 Gross margin was 1.1%

in 2015 net margin was 3.5%
in 2016 net margin was .7%

so far for 2017

Gross margin is 4.4% lower than in 2015
Net margin .9% well lower than 2015

Feel free to calculate yourself, its all included in the financials posted

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12467504
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