Replies to post #16925 on Praxsyn Corp (PXYN)

[senderos]

Please explain. How could we even see a net profit at all this past quarter on $23M in revenues unless the factoring was being brought under control, for at least part of the quarter?

[YJ4LIFE]

Same here DD. I expected it to come sometime next quarter, but it came sooner than I expected. The sooner the better. It's all good and exciting!

[tutankhamen]

Was essentially a $1M swing to a profit from what we had last quarter accounting for a bit less revenue. If the stock comp for TPS persisted all quarter instead of 2 months like we thought then this quarter should be free of that cost which would have been a $4.6M drag on net income for Q3. With that gone for Q4, we should see quite a nice bump.