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Re: DropLine post# 7491

Thursday, 05/30/2019 10:51:01 AM

Thursday, May 30, 2019 10:51:01 AM

Post# of 8112
So, with using your math GBLX LSU will make 18 million. But, now lets breakdown ruff numbers:

22k monthly rent 266k annually
500k annual for research
10k monthly for power. That is what it cost at teco on a good month. 120k annually
60k salary for 20 employees 1.4 million annually
10% to LSU annually 1.8 million

So will rough annual numbers here is what you are looking at off the top:
120k power
266k rent
500k research
1.4 salary
1.8 LSU
------------------------
3,286,000

So, to keep it simple we will subtract that from the 18 million you believe they will make. Which is 14,714,000 now you can look at they have to pay about 25% to payroll taxes and federal taxes. So, lets say
3.5 million. Now, we are at 11,214,000 split that in half for the 50% owners 5,607,00 which leaves GBLX the same amount.

This is before all material and operating cost. They will be lucky to walk away with 3 million a year gain. For two or three years. But, that does not cover the current deals in Canada or teco.
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