GiraSolar Inc. (fka GRSR)

[alan webber]

Re: 9 month revenue = $51.9 million

Amazing to me - $5.7 million a month in sales - they buy parts and sell them and some they assemble or produce. The idea is to buy at one price and sell a bit higher or to buy parts and add value to them then sell the units for a profit.

Even if they only mark up the products 25% that is over a million a month in profits. So why does it cost them so much that they cannot make a profit?

You would think in selling $50 million at a minimum they would at least have a couple million in profit. At this rate selling more does not necessarily mean a profit and that is why the stock is not going up. If they can't make a profit on $50 million then why will they with $60 million?

I know many small business that do under 10 million in sales a year that make very good profits. I own the stock so do figure they will eventually make money but do not know why they cannot seem to do it now. They should just make a rule - what ever we are doing we need to make at least 5% as a real profit. At lest that would show $2.5 million.

It is not so hard. You buy or build some solar panels and it costs say $7,000 so you add maybe $3,000 and sell for $10,000 then give the sales person 10% and keep the $2,000.