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paulpaint

01/31/19 1:15 PM

#57205 RE: GermanCol #57204

GACV, that’s a powerful DD post my friend... You definitely need to grace us with more posts!!!! Outstanding sir!!! PP

DewmBoom

01/31/19 1:29 PM

#57207 RE: GermanCol #57204

The data I am reporting is based on the 9 months ending on 7/31/2018. The gross margin is 13.6% based on their own data. They need 55% to breakeven.

A gross margin of 16.5% is a failed business by any standard. The current data and business operation and performance shows that they are far far away from being profitable. The anemic gross margin whether 13.5% or 16.5% is unacceptable. It is an easy business decision to kill it on the spot.

confuciussay

01/31/19 1:51 PM

#57212 RE: GermanCol #57204

I like your style GACV.. You just got your third follow-member mark. Glad you're here with us as a long....VRUS