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Re: 333randy post# 119443

Wednesday, 09/15/2021 9:58:59 AM

Wednesday, September 15, 2021 9:58:59 AM

Post# of 163396
Come on now. Eventually you have to have profits. Typically 3-5yrs of write off the profits, while clearing debt. But publicly traded companies need to show profits Eventually.

Tpt is getting to that point by q4/next year.

The profits aren't eaten up if you have a good accountant and another company (like speed connect) eating the profits up. So you show profits from one division while also having another division showing depreciation and material write offs.

Because the profit margin on SaaS is/will be large.
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