Replies to post #26448 on SunWorks Inc (SUNWQ)

[Inorout]

Even if you exclude the change in fair value of the derivative liability, SLTD is still losing money, over the last 9 months as well as in its 3rd Quarter.

For the first 9 months of the year, SLTD posted a net loss of $(17,578,017). $(14,533,218) represented the change in fair value of the derivative liability. Subtract out the derivative liabilty of the equation,

$(17,578,017)minus $(14,533,218) = $(3,044,799)

So you can see, even if you subtract the derivative liabilty from the total net losses for the first 9 months of 2014, SLTD still lost a little more than $3 million dollars.

And in SLTD's most recent 3rd Quarter, SLTD posted a net loss of $(13,762,934), of which $(12,940,651) represented the change in fair value of the derivative liabilty. Subtract out the derivative liabilty from the equation,

$(13,762,934) minus $(12,940,651) = $(822,283)

So folks, even if you strip out the derivative liabilities as an expense, SLTD would still have a net loss of $(822,283) for the most recent quarter and still have a net loss of $(3,044,799) for the first 9 months of 2014.

This notion that SLTD is already profitable is total nonsense, and it's still losing money even if the derivative liabilities aren't even included.