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Alias Born 07/17/2013

Re: None

Tuesday, 07/30/2013 11:52:23 AM

Tuesday, July 30, 2013 11:52:23 AM

Post# of 85481
My prediction- next marketwired announcement shows maybe $40,000 in increased revenues for the quarter, however their expenses will be close to that anyway, so their actual profit will be about the same as it's been. Now if we make the assumption that repeat sales of already created apps would have little expense, minus upgrades, their profitability should be higher. If you look at the financials on some other app companies you'll note that while their revenues increase, their expenses stay relatively the same, making profitability numbers higher. Yet, MRNJ's expenses keep increasing. If they have apps already created and there are new downloads every day, wouldn't you think that the profit dollars should be higher? I hope the company thinks about that the next time they put out their unverifiable financials.

Peace!
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