DBUB Group Inc. (fka DBUB)

[war_eagle]

Their sg&a remains high because they gave everyone raises. Bad timing or bad management or maybe both.

1st Q on rev. of $77.4 M, sg&a = 7.1%
2nd Q on rev. of $51.1 M, sg&a = 9.3%

3rd Q, they are predicting lower revs of $40 -$50 M and gross margin of 10-11%

My point is: gross margin and sg&a will be approaching the same number of about 10%. Net profit will be approaching zero.