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Saturday, January 11, 2014 10:58:55 AM
The losses are intrinsic to rapid, self-funded growth. Currently, the losses are 12.5% of annual revenue AAAAAND that percentage has consistently decreased quarter to quarter. It was 25% of revenue in the first quarter BEFORE rapid growth.
As for the tapering of $300,000...that is plain not true unless December is seriously still being compared to other months in which there is an extra week of billing. The TRUTH is that December did see a paltry decline relative to November. How much is that exactly? About $200 per branch for the month. Yeah...
One month at the end of the year and some folks freak out.
lol
$LTNC
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