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Stockstuffer83

03/28/16 4:11 PM

#81613 RE: yeag1717 #81612

54-38 = 16 the 9- 12 month Periods
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MIKALJAMES

03/28/16 4:23 PM

#81619 RE: yeag1717 #81612

Net Sales UP.....COGS Down...This it the right direction NO?

Thee guys have had to perform a Miracle to get here and it's still not good enough?

The hole they are trying to climb out of is huge.....be thankful....they are doing all of the work...Not us!

IMHO
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FreezeThese

03/28/16 4:30 PM

#81626 RE: yeag1717 #81612

Additionally, our accounting department recently discovered over $400k of sales from 2014, which had never been invoiced. The Company subsequently billed and collected the cash,” said Phil Anderson

COGS down as inventory likely overextended, allowed them to decrease production for the three months - Net Sales is the elephant in the room. Most of the added revenue doesn't appear to be from sales.

5.9 million in litigation costs

47 million in goodwill?