Cyberfuels Holding Company Inc (CBRF)

[Amigo Mike]

It is hilarious that CEO does not know how to use a calculator. The information was posted on this board as to the YoY revenue increase % …. but again, CEO blows the PR with incorrect information.

Revenue for the year ended June 2019 increased by 262 % over June 2018

Simple math
FY2018 was 445,123
FY2019 was 1,168,216

Increase was 723,093/445,123 = 162 % DUH …………..

The calculation for the increase in revenue is NOT 1,168,216/445,123 as 1,168,216 DOES NOT REPRESENT THE INCREASE FOR THE YEAR.

Shall we look at another company's PR that talks about the increased revenue and the % offered ?? Randomly selected Qtrly release from today.
https://www.globenewswire.com/news-release/2019/08/19/1903689/0/en/DSG-Global-Inc-Q2-2018-Revenue-Increases-20.html

- Revenue increased 20.1% to $284,646 compared to $237,046 during Q2 2018. Sales increased as a result of installation of the new infinity suite of products.

Increase in revenues was 47,600/237,046=.2008 or 20.1% rounded. Duh ……….

It amazes me he cannot put the right information in black and white.

I like too that he sez Cyberfuels has basically been "development company" the last 4 years. As I already pointed out, FY2019 R&D expense ….. ZERO. Hmmmmmmmm ………… again statement not in alignment with reported disclosures.

Drop from 25 branded stations to 5 branded stations including a truck plaza in Montreal ….. an 80% decrease in expectations. What happened to the Tribal Nations clamoring for the fuel ??? Anyone need to see the math on that decrease in expectations ??? =)

No mention of wholesaling either ….. Thought station owners were lined up to get the fuel ??? Marine ?

There is still no interest cause CEO continues to fumble the ball.

Amigo Mike