InvestorsHub Logo
Followers 38
Posts 5130
Boards Moderated 2
Alias Born 08/05/2002

Re: futuresman post# 72161

Tuesday, 08/20/2019 11:25:24 AM

Tuesday, August 20, 2019 11:25:24 AM

Post# of 116756
It isn't a typo cause it is the same thing that occurred with prior PRs ….. like third qtr revenue being more than 200% increase over the first two qtrs combined.

The calc fir INCREASE IN REVENUE is not current revenue over prior revenue. It is current INCREASE in revenue (current - prior) over prior revenue. That's how you get 262% vs 162%.

CEO gets his numbers with the wrong methodology for what he says occurs. There won't be a correction.

A CEO that can't get the simplest of details correct and can't write a simple 2 paragraph PR can't be trusted to execute complex business transactions in a field he has no experience in, no money and no common sense. Sad really.

Amigo Mike