InvestorsHub Logo
Followers 27
Posts 2803
Boards Moderated 0
Alias Born 04/16/2017

Re: AlleggsoneBasketcase post# 218282

Tuesday, 03/19/2019 3:57:44 PM

Tuesday, March 19, 2019 3:57:44 PM

Post# of 346648
Yea, but you need something in which to base your speculation. A huge part of that is the financials. A business may seem wildly popular, and yet have terrible management and fail. How do we know that is not the case for Snakes&Lattes?

We don’t. We don’t know how much money is going in, and how much is bleeding out. Is there a profit? What are the margins? Do we know any of that?

What about the many games we have exclusive distribution to? How much money are we making off of them? Are we making any money at all? Have we entered - God forbid- into a bad deal with any of those exclusive developers? Or any banks? Or anything?

WE DONT KNOW. WE ARE GOING BLIND. THIS IS NOTHING TO BE PROUD OR POSITIVE ABOUT