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lucky2505

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lucky2505

Re: None

Friday, 08/14/2020 2:40:20 AM

Friday, August 14, 2020 2:40:20 AM

Post# of 10364
The increase in General and Administrative Expenses both as a percentage of revenue is the reduction in sales from the same quarter last year and on a dollar per dollar basis is the result of increased salaries expense.

https://www.otcdynamics.com/cetx-cemtrex-inc-cetx-announces-results-for-the-third-quarter-ending-june-30-2020/

And that’s how you know Cemtrex is a scam. Legitimate companies don’t reward management when sales decrease.
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