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Re: howardriggin post# 5580

Tuesday, 07/13/2021 10:20:54 AM

Tuesday, July 13, 2021 10:20:54 AM

Post# of 5793
Howard,

You need to understand Business, before you complain. Lots of companies have REVENUE, but no profit. There are things such as Research, Development, salaries, rent, utilities, interest expenses, and the list goes on. Depreciation is a BIG ITEM. Depreciation is a non cash event, but... it lets ANY company use it to lower their net income. (for MVIS, they have Revenue with NO Expense to GET the Revenue...Royalty income)

You like to shout that the company has no profit, but for how many years did Amazon not even PLAN for a profit? Too many years!!! and today? Lots of profit. Think about the sales they would need, the personnel they would need, the cost to bring $500,000 to the Gross Profit Line!! But instead, they let another company spend all that money, and they receive Gross Profit for free !!! Lots of People get paychecks for working, spending 40 hours a week, plus drive time, just to get a paycheck that disappears paying bills. Now the same people are getting a check for NOT WORKING...and they are paying their bills, but not making Extra money, so you can say the same thing... they are not making any money. Right?

Get off your high horse, look again at the company and what they do make, how much money they bring in, and why do they bring in the money? Their products actually WORK!
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