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236T568

04/09/14 2:49 PM

#12069 RE: Magnum7419 #12068

and yet, Net loss for the year was $(557,000)

an increase in Net Loss of 64% from 2012

ouch

It appears that scam company MDBX has never had a profitable year since it has been public


Total selling, general and administrative expenses were $3.2 million, or 61.2% of total revenues, compared to total selling, general and administrative expenses of $1.9 million, or 72.5% of total revenues last year. The loss from operations for the year was $(560,000), compared to a loss from operations of $(340,000) last year. Net loss for the year was $(557,000), or $(0.02) per basic and $(0.01) per diluted share, compared to a net loss last year of $(344,000), or $(0.01) per basic and diluted share, last year.