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