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Ecomike

09/18/18 10:40 AM

#77778 RE: uksausage #77777

That is based on assumptions that will turn out to be wrong.

"past performance" good or bad "is not a guide to or guarantee of future performance".

I did my home work. I am not assuming that past margins will stay the same as the last 10-Q, as Ponder has said publicly that 25% gross margin is coming!

.25 x 32 Mil = 8 mil in gross profit

.25 x 80 mil = 20 mil in gross profit

We all know that reorganization and debt costs will drop like a rock, so operating costs of the parent will freefall, boosting net profits from negative to positive, causing a volcano in the stock price.

Buy the fear sir!!!

I missed buying Amazon a few years back when they reported a billion dollar loss in one quarter. That was the time to buy it!!!

drugmanrx

09/18/18 11:39 AM

#77783 RE: uksausage #77777

Your concerns really make me laugh.

You push plug that has never seen a profit in 20 years, with projection of not achieving one til 2020, yet you are so concern that a company that has been in business for a mere 18 months is not profitable.

SGSI has decreased there debt by over 5 million since last year.

Plus who knows what rate of profit the two companies Ponder is trying to acquire are.

I willing to bet you that SGSI will be profitable before Plug.