Innovus Pharmaceuticals Inc. (fka INNV)

[ORCA]

THE REVENUES DO NOT MEAN A THING,IF THEY ARE LOSING MONEY.THEY ARE SPENDING $1.40 TO MAKE $1.00=40% LOSS=REVENUES MEAN NOTHING IF YOU ARE NOT PROFITABLE.I THINK WHEN YOU SEE THE LOSSES TOMORROW ON THE Q YOU WILL NOT BE HAPPY.THEY ARE PUMPING THE REVENUES ALRIGHT.BUT NOT THE NET INCOME.
THIS REMINDS ME OF HMNY.30$ MILLION IN REVENUES PER MONTH,AND SPENDING 45$ MILLION.
I WILL BE WAITING FOR TOMORROW EARNINGS RELEASE TO EVALUATE.IF THE LOSSES ARE HUGE,THE STOCK WILL TAKE A DIVE.IF THE LOSSES ARE SMALL,AND CLOSE TO PROFITABILITY,THEN A GOOD LONG TERM HOLD.TOMORROW THE Q2 WILL SPELL A LOT.
NET INCOME IS THE KEY.NOT REVENUES.
Q1 THEY LOST OVER $1,8 MILLION.