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Re: scooter28 post# 32560

Saturday, 01/12/2013 4:33:38 PM

Saturday, January 12, 2013 4:33:38 PM

Post# of 92256
Based on the amount we lost (around $16 million if I remember correctly), sales aren't anywhere near to covering expenses. Although I suspect that most of that loss may be accounting loss (paying athletes in shares and booking them as expenses as one example), which can be used to reduce tax if the company's profitable in the future.

I don't think the company will be self-sustaining in 2013.