Harrison Vickers & Waterman Inc (HVCW)

[tigerpac]

I don’t think Jtrader has a clue what he is talking about.

I saw that projection the guy made on Twitter. He based his profits off of gross margin of 7% totally forgetting (or maybe it was intentional) that there were additional operating expenses below the gross profit line which resulted in a hefty net loss for the quarter.

Which makes all his projections irrelevant.

The only reason the company’s revenues increased dramatically was that they changed their business . They do sales and installation now versus just doing sales. Frankly the gross profit on sales alone was almost the same as installation which begs the question of the need to take on all this debt to achieve the same profit ?