Replies to post #82439 on Ngen Technologies Holdings Corp. (fka NGRP)

[Smilin_B]

Ngen Technologies is pleased to announce that it has received delivery confirmation on the first 225,000 units of its 3D film and module chipsets for 3D viewing without glasses for TVs. As a result, Ngen Technologies has recorded revenues for this delivery of over $10,000,000 in the third quarter of 2019, and anticipates ongoing shipments of its 3D technology to its distribution networks.

[I-Glow]

I agree - I have been telling investors for years that is a huge mistake to look at the revenue first.

If the financials are truthful - everything you need to know is on the Balance Sheet.

I personally look at the profit/Loss from Operations - this tells me how efficient the company is operated.

One company I have been following for 6 years has increasing revenue but so are the COGS and SGA - so they have never had a profitable quarter.

Also, a huge red flag is when the SGA is a one line entry.

IG