Beyond Commerce Inc (BYOC)

[sundownsam]

This has nothing to do with bashing BYOC because sometimes one has to lose money to generate good revenue. The question that one has to ask; did they get new busines, did they post in this coming earnings revenue from some of the clients that they contracted in the 3rd quarter?

We need to see increase revenue, profits or decrease in loses, but low. Two years with high loses is not a good sign form any company. What holds me in this company is the clients they have, but it will not sit with me well if they more high losses and I have to blame management. Again, this is an opinion that is being posted, but below I am posting past earnings. In my opinion, high revenue, decrease in loses and big new clients will gradually take this stock on a nice uptrend. I am waiting one week before earnings to see if I will increase my position and if I don't the plus is that I still own the stock.

So, I am not really looking for a profit, but just in what I stated in the obove.

Key Financial Highlights for Year-to-Date 2020:
Revenues increased by 5% to $3.0 million
Gross profit decreased by 1% to $2.0 million
Gross margin of 67%
Total assets of $5.4 million

Financial Results for the Three Months Ended September 30, 2020:
Revenue for the three months ended September 30, 2020 was $983,155, a decrease of $201,144, or 17%, compared to $1,184,299 for the three months ended September 30, 2019.

Net loss for the nine months ended September 30, 2020 was $10,668,157, an increase, compared to a net loss of $7,072,644 for the nine months ended September 30, 2019