Replies to post #9070 on Kaya Holdings Inc. (KAYS)

[Goodbuddy4863]

You are indeed correct DOC:

March 31st, 2016 compared to March 1st, 2015

Net Sales $ 244,657

Cost of Sales 164,610

Gross Profit 80,047


Quarterly 2015 comparison is to the right of the 2016 Numbers


You pay attention to "detail" Brother!

Now I know why You sought out this Company to buy shares in.

KAYA SHACK will really be on a roll after the next quarterly earnings report!!

[Pennywhistle]

Where are taxes Due or Paid then? Show me where in any financial report from KAYS taxes are referenced at all, if you can.
No tax figures in any financial from KAYS ever has been shown. 2 years in and no taxes paid. Without Tax numbers the gross profit is meaningless.

This isn't a convenience store, The Feds are giving dispensaries no write-offs except for the cost of the MJ itself. All salaries including the $180,000 CEO salary, the hundreds of thousands in consulting fees, all advertising, leases, all business expenses, all equipment, and all packaging NO WRITE OFFS except for cost of goods which will leave all investors with nothing but a big bill from the IRS. No profits to be had, which is why it IS such a big deal that KAYS revenues are 50% less than the average Oregon competitor. Margins are so thin in the business of selling MJ because of the extra tax burden and only the strongest shops will survive.

With 50% less revenues than average shops in Oregon, KAYS is nowhere close to being on that list.

IMHO