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TrackDude

12/10/18 6:38 PM

#106680 RE: vp_007_99 #106678

2018 ~ "Their Numbers"
Q1 ---> Net Loss = $642K
Q2 ---> Net Income = $203K
H1 ---> Net Loss = $439K
Q3 ---> Net Loss = $572K
Q4 ---> $ ? ? ? ? ? ? ? ? ? K
H2 ---> $ ? ? ? ? ? ? ? ? ? K
FY ---> NET LOSS = $1.45M

! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
A HUGE $1.45M NET LOSS AND JUST
GOING TO GET BIGGER AND BIGGER
! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !



Yes, because double counting losses is so right...do the math, and you'll see instead of just adding up the three quarterly amounts, he also added the net first half loss...which inflates the FY net loss amount.

I won't get into the rest of it.