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Re: Virtual Drew post# 169547

Wednesday, 07/06/2011 11:06:32 PM

Wednesday, July 06, 2011 11:06:32 PM

Post# of 241056
Losing money for any company is never a good thing, so why would I need to explain why it's a good thing lol. It is an anticipated thing though, and will be until they are able to reach profitability. It is pretty obvious that a large portion of the loss for that quarter was related to relocation and disposal of the manufacturing facility. There are more to financials than simple numbers during the early growing phases in a company's life. Expenses for advertising, office needs, ect... will vary quarterly. It's important to read the notes, as well as D&A when reviewing financials to get a true picture of why numbers look the way they do "good or bad"