InvestorsHub Logo
Followers 68
Posts 9909
Boards Moderated 0
Alias Born 07/29/2007

Re: Jabez Advisory post# 51551

Tuesday, 02/20/2018 2:10:30 PM

Tuesday, February 20, 2018 2:10:30 PM

Post# of 68550
"Like Kenny, I have read the agreement and in truth have a hard time understanding just how cash and expenses will flow."

Best to sit with your own attorney or accountant regarding the annual pass-through from the JV to ECOS and LRS. In pinkyland, It's never a good idea to make investment decisions based on info posted on social media as it often turns out to be from the blind attempting to lead the blind.

Gross revenue, minus cost of goods sold, equals NET PROFIT (or loss).

I agree with DealGuy it will likely be 3-5 years before ECOS shows any net profit allocations (cash flow) from the JV agreement with LRS.

GLTY and JMO

Please help save the earth. It's our only source of chocolate.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.