InvestorsHub Logo

lesgetrich

04/06/18 11:42 AM

#40387 RE: Parttimetrader #40367

Could you give us a source for that quote. I'm a bit sceptical myself since it doesn't make much sense that they would grow from $38k to $900k in one quarter without a harvest. If they think $175,700 in revs is a 60,000% increase over Q2 2017 which was $2,979 ($771 in gross profit) then someone at PNTV has a math problem placing decimal points.

$175,700 / $2,979 = 5898% or roughly 6,000%

58.98 x $2,979 = $175,701 (with rounding error)

So I'm not sure what to make of a 30,000% increase reported on the latest PR since if we assume that they're off by a decimal...

30.00 x $2,979 = 89,370 (roughly 90,000 not $900,000)

This makes more sense except that your quote says they already had $175,700. So go figure.

A possible explanation, perhaps, they're counting money from the comcast settlement as revenue.

Nelly 15

04/06/18 12:28 PM

#40390 RE: Parttimetrader #40367

I think someone effed up and put one to many zeros after the 6 in the 60,000%.