InvestorsHub Logo

MRE1980

06/15/18 9:13 PM

#432 RE: 420Hope #431

This is certainly no scam. You haven't done your homework on the industry, if that's what you think. Early in the year, or late last year, they mentioned in a statement that 2018 was all about expansion. And in that statement(s), they made it clear that all revenues earned were going right back into expansion.
Would you rather they bloat the share structure by hundreds of millions, or even billions? Looking at the current assets portion of a financial filing each quarter will tell you whats due within a year's time. Accounts receivable falls under that category. 5.5 million current assets + 2.1 million quarterly revs = 7.6 million for the quarter. They're making money, otherwise, our share structure would be much, much larger (overbloated canadian stocks). Anyways, I'm still steaming a bit from shortminded flippers paradise. But this is certainly just the beggining. Check back again in a few weeks time, if your nervous....

Captart7

06/15/18 9:39 PM

#433 RE: 420Hope #431

"They've yet to turn a profit?"

Just think Amazon & how long it took for them to show a profit? They wanted sales & capture the market. Profits be damned.

Not saying this is Amazon but look at the 10K. MRMD has a Tiger by the tail. Growth is the key right now not profits. All you need to to show a profit is stop investing in growth & cut off spending. When you think Long Term it's GROWTH you want. Capture the mass market. Profits will come.

Short term profits is the reason American Companies can't compete with the likes of Japan. Japen thinks longer term whats best. American firms it's what's best for this quarter to show on the financials to shareholders.

Ones flash & the other is substance. MRMD is substance (I hope? )
Get big, no Bigger, no I mean Huge, It's the Amazon Model.

garyhalvo

06/15/18 10:10 PM

#437 RE: 420Hope #431

Huh, no profit? Do some DD.

garyhalvo

06/16/18 11:15 AM

#440 RE: 420Hope #431

People sold off due to a possible trade war that has intensified