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Re: None

Tuesday, 04/15/2008 3:28:27 PM

Tuesday, April 15, 2008 3:28:27 PM

Post# of 246683
MDA (Continued):

Loss of $5,048,035, respectively. The primary drivers for the losses in 2007 were expenses relating to share based compensation, total losses from discontinued operations, interest expense related to embedded derivatives and debt discounts, and lower sales relative to expenses at the WiseBuys subsidiary.

Seems to me they had a 21.4% increase on sales on stuff they were trying to get rid of!! Imagine if they had all the stores transformed into full Hackett's line and we able to sell off the now 6+ million of inventory....