Replies to post #51401 on Bots Inc (BTZI)

[Perfectson]

.05cents


it will not go sub penny


here's why

1. 57% gross margins - on par with ECIG and higher than most tobacco companies

http://ycharts.com/companies/ECIG/gross_profit_margin

2. SGA expenses are a bit high , but assuming lawyer fees ran through and product development wrt to VCIG company

3. cosnulting , $750K paid to clean off debt owed by Paul (this is why he specifcially says no "TOXIC DEBT" the company had debt but to him. This was given back to the company through treasuy stock. So it's a one time event

4. removing one time event, net loss is $28K for the quarter. With product dev and legal fees potentially eating up profit, this could have eaisly been a profitable or breakeven quarter.

5. Cash - cash only decreased on 74K - and they believe they need 250k for the next 12 months. Now, the only problem with this is that they will need to raise capital soon.