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Re: Supermeatball post# 7293

Thursday, 04/18/2019 11:04:03 AM

Thursday, April 18, 2019 11:04:03 AM

Post# of 8112
'supermeatball' Wow! $1.1 Million increase in gross revenue, unfortunately, when you look @ a balance sheet you MUST remember that there are 2 components: Revenue & Expenses, the EXPENSES for the LAST 9 Months of 2018 were $18.6 Million, making the $1.1 Million nearly irrelevant, specially since it's NOT NET revenue, but Gross. IOW, the debt LOAD keeps increasing, with no relief in sight, as it becomes less & less manageable as time moves forward, that's precisely why Poss spends most of his time trying to raise $$$${according to his own statement}, obviously the PPS reflects this large gap in GBLX's inability to self-fund overhead costs through normal everyday business operations. GL Play it as you see it
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