Friday, December 23, 2022 12:28:26 AM
It is very odd why this convenient summary of the long overdue financial results should be being summarily deleted as though it is bringing leprosy or the plague to the board. Is there something about the results that is embarrassing or shameful? Could it be that the Loss line is considered disruptive of the feel-good narrative that is being spun out of the Sales line? I think the best thing to do would be to put on your big boy pants and accept that reality cannot be wished away and it always prevails in the end. There is obviously still a long way to go before this struggling little outfit becomes a moderately successful going concern let alone a thriving world class company.
For the Three Months Ended September 30, 2022 (Unaudited):
Sales-net $1,376,141
Cost of sales $850,421
Gross Profit/Loss $525,720
General and administrative expenses $1,468,276
Loss from operations ($942,556)
For the Nine Months Ended September 30, 2022 (Unaudited):
Sales-net $2,185,450
Cost of sales $981,080
Gross Profit/Loss $1,204,370
General and administrative expenses $4,089,710
Loss from operations ($2,885,339)
Where are you Walt? -
The Open Road goes to the used car lot.
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