AI
Tuesday, July 24, 2018 1:22:11 AM
Net Profit
Everyone who listened to conference call and read financial statements knows the loss was only a paper loss for GAAP disclosure requirements.
The company actually experienced a net profit 1st quarter with out the temporary debt derivative and bonus share issuance expenses reported. Also the below doesn't recognize the 145k in DIR fees expenses that will be returned in 2nd quarter. Aka. Net Profit Realized even after reduced margins from reimbursement changes.
Everyone who listened to conference call and read financial statements knows the loss was only a paper loss for GAAP disclosure requirements.
The company actually experienced a net profit 1st quarter with out the temporary debt derivative and bonus share issuance expenses reported. Also the below doesn't recognize the 145k in DIR fees expenses that will be returned in 2nd quarter. Aka. Net Profit Realized even after reduced margins from reimbursement changes.
"To Give Anything Less Than Your Best, Is To Sacrifice the Gift." - Steve Prefontaine
Selling shares at $.019 prior to run to $.26 would have been my biggest failure. Glad it wasn't me!! ;-)
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