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Re: theSauceman post# 1081

Monday, 02/25/2019 2:42:00 PM

Monday, February 25, 2019 2:42:00 PM

Post# of 1616
actually, wrong

the balance sheet does not include expenses, revenues and net losses

it is the Income Statement that includes expenses, revenues and net losses

It is pretty obvious who doesn't know what the difference between a balance sheet and an Income Statement is




To those knowing how to read a balance sheet: Expenses decreased more than revenues, and decreased revenues were in compliance with FDA procedures. Guess what? Bottom line across the board is decreased losses. Decreased losses = gain. Very good financial management while meeting FDA requirements. $CRYO


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