rjc2827
I like this Oh yes, and what if the $900,000 is net (like AAGH have always reported). This could mean that the net would have been $1.2 million before the $300,000 was taken out of it for the printing factory. Management has PR’ed good news in the past, only to file something later that was even better than the earlier PR showed. Don’t rule out them doing the same thing this time. better.
And that is probably the case since they said net income in July was $600K (of $1 million revenue) , so $300K for August, $300K in Sept is sound about right. This is because they generated about $2 millions in revenue for 3rd qtr.
Giving the profit ratio of $600K per $1 million, there for $1.20 millions for $2 millions revenue sounds appropriate.
Now $300K went to the acquisition, I can see that. Also July's number was higher as far as revenue go, it could be that that's how companies out there do their advertising ... quarterly, and signed contracts with AAGH in July.
Now come the 25 million shares S-8 on Oct 27. Is it possible that the company got huge contracts and that the growth for the 4th qtr is HUGE .. they reward the officers (including the CEO preferred shares? .. i hope SEC looks into this). I would think 4th qtr's revenue will be huge because of the Holiday Seasson.
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