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SooS416

01/19/18 10:24 AM

#66165 RE: kbaz #66164

um, I clearly include both gross and net margin and both do not show a growth story as 2017 numbers are lower than 2015 so over a 2 year period both gross and net are lower and that is before increased costs of being a public entity.

So first I was lying and now I'm telling the truth but just trying to force a narrative. so again here are the gross margins, how are they increasing?

in 2015 Gross margin was 4.8%
in 2016 Gross margin was 1.1%

in 2015 net margin was 3.5%
in 2016 net margin was .7%

so far for 2017

Gross margin is 4.4% lower than in 2015
Net margin .9% well lower than 2015

And the 2017 costs are all based on them not being a public entity, costs will increase to be public as the audit will be more expensive as well as building out controls and all other items that now need to be done by the Munzee team