Strake Inc (SRKE)

[Dan Simmons]

$433,481 in Revenue
$198,758 Cost of Revenue
$234,723 Gross Profit.

Not the millions they claimed but okay fine.
Not too bad if this is even accurate.
They can't even get a lawyer to signoff on these numbers.
By no means anything to write home about.

And then comes...

$320,378 in General and Administrative
$741,530 in Professional and Conslting Fees.

Tell me again how many people work for this company?
Three quarters of a million in "consulting fees" in 3 months.
Not exactly a lean start up.

They have lost $827,847 in three months.
They have lost $1,498,171 in nine months.