3,833,413 is the total revenues posted, and I was afraid it might be just 3 million, so that is a good number!
Now here is the kicker...
With 3,833,413 in revenues, direct operating expenses were
2,833,011 and GROSS PROFIT was 1,000,402.
Total indirect operating expenses were 1,263,313 leaving a shortfall of just $262,910.
Now assume that in the 4th quarter CRGO does 5,900,000 in revenues, which is an entirely belivable number. That would give 1.5 million in gross profits, assuming the same ratio of direct operating expenses. Now give indirect operating expenses an increase of 40,000 dollars, and CRGO will show NET OPERATING PROFITS in the 4th quarter of 200,000 dollars!
