InvestorsHub Logo
Post# of 112654
Next 10
Followers 95
Posts 11590
Boards Moderated 0
Alias Born 12/27/2011

Re: MD-420 post# 97067

Wednesday, 08/15/2018 1:15:49 PM

Wednesday, August 15, 2018 1:15:49 PM

Post# of 112654

We also need to see losses reduced by a big margin. Last 1"Q they went from a net profit the prior Q to losing more than 1m, if memory serves correctly.



Again, you're off by roughly 50%. The loss was only $454k, most of it can be traced to startup expenses for NYAcres.

Seeing a significant up tick in construction is critical imo because they've announced several contracts that are getting old.



Construction revenue in 3rd quarter was only $118k. They announced in late April that they had already made $200k from their Sacramento project alone. Most of the construction/facility management projects were announced during 4th quarter so to say that they are getting old is completely false. The 10-K will only show results thru 4/30/18.

Les