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Monday, 08/19/2019 5:36:15 PM

Monday, August 19, 2019 5:36:15 PM

Post# of 72988
What an amazing and informative shareholder letter! Thank you Kent Wilson for all of the clarifications!

The proforma numbers speak volumes to how amazing this rare gem is actually performing!

————

Normalizing the numbers for a proforma Q2 2019 P&L would look like the following: Revenue of $6.8 million, COGS of $4.8 million, GP of $2 million, Operating Expense of $1.303 million, Operating Profit of $697 thousand, Interest of $427 thousand, Other Income of $70 thousand, Net Profit of $340 thousand

—————-

Basically if GAAP accounting allowed for the recognition of revenue that was already billed for,

And the impact of the tarrifs is finally passed along to customers through periodic price increases,

And you eliminate the negative impact of the NONCASH derivatives and interest associated with convertible (ALL OF WHICH IS GOING AWAY AFTER REFINANCING!!),

ALPP is in the cusp of net profitability!!!

Add to that, 2 acquisitions projected to close by YE and we will have a $47M, PROFITABLE COMPANY in less than 6 months!!

Team Wilson has built an incredible foundation of operating subsidiaries and products!

Really REALLY exciting times coming up!!
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