Saturday, December 29, 2018 5:57:51 PM
Also traditionally P/S ratios have been used for years to hide unprofitable companies.
Thanks for acknowledging that the revenue hasn't been audited. But in the same pr promo Rod talks about a 8 percent operating margin. Which mean 1.2 million in revenue before taxes. Even if you say they didn't pay any taxes the P/E ratio is around 0.03 to 0.04 way below a what a good ratio is.
Lastly during 2017 the company didn't pay full wages, over time and benefits. Per the current and active lawsuit. Meaning that there operating margin was suppose to be even smaller if they had been doing the right thing as any employer should have been.
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