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Re: bullbear2000 post# 23392

Tuesday, 04/16/2019 10:02:52 AM

Tuesday, April 16, 2019 10:02:52 AM

Post# of 43076
Break Even 4th Quarter If you dive into the numbers. ABCE operating Net Loss was $5,000 in 4th quater.

How did I get this number? At the end of 3rd Quarter Abce reported 265k in losses through 8/31/18.

10K shows 640k loss on the year. So 4th Quarter (640-265=375) $375k loss. Not good right? Wrong...

ABCE spent $370k extinguishing debt.

$375-370 = $5,000 loss 4th Quater from operating it solar business.