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Re: axle1 post# 44318

Tuesday, 01/31/2023 4:39:18 PM

Tuesday, January 31, 2023 4:39:18 PM

Post# of 52051
Axle, what he is saying with the "Revenue does not mean anything if you are losing money" is that you can have revenues coming in from several sources, but if the amount you bring in isn't enough to pay for the fees, bills, etc., you are running a negative balance business, and inevitably you bury your business in debt, and then have to look for "shady" ways to finance your business.

Profit is derived from revenues that exceed those debt requirements - basically "after the bills are paid, what is left" is your profit.

I don't believe axle was misstating the obvious. He, like many here, is focused on the profit side of the company, and we are profitable.

Time will right this ship...hoping IQST begins a lawsuit against the MM's.

Best to you and all longs!
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