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MFlores

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MFlores

Re: Sparklefarkle post# 28484

Wednesday, 04/02/2014 12:26:56 PM

Wednesday, April 02, 2014 12:26:56 PM

Post# of 33394
The key item in the Sept 2013 profit was a gain on settlement of debt. Debt paid by issuing $1,948,381 worth of shares. That is the likely scenario in Qtr 4 as well. Does not make sense to earn more operating profit than revenue in the quarter (revenue only $845,796 in the 4th qtr).
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