InvestorsHub Logo

crudeoil24

12/11/17 10:02 PM

#3488 RE: tigerpac #3487

Expenses exceed revenues.

Lakota-45

12/11/17 10:02 PM

#3489 RE: tigerpac #3487

It is just a matter of losing money in one of it's departments - Cost of doing business! Happens in many Co's. that are structured this way.- The good news; Earnings are rising!!!


The quarterly report did not include consolidated financials for the acquisition of Texas -based digital marketing solutions provider Webtegrity, which was recently announced on November 17, 2017 .
The Company reported a net loss of 376,071 for the three months ended September 30, 2017 , compared to a net loss of $ 234,570 for the three months ended September 30, 2016 . The increased loss was primarily due to an operating loss in the Company's e-commerce division.