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scubastevemd

05/07/20 8:42 AM

#39708 RE: Shail #39707

Thanks! While revenues are a big beat I'm cannot figure out how we continue to bleed money and not get our finances straight. Where are all the margin expansions and savings from the new stack and in house PEM's? I did see we just lower our interest rate on our loan from 12.5 to what 9.5%, which in this low rate environment still seems high and increased the amount we can borrow for the two new possible acquisitions. They did say the first was accretive at least. Sadly, I wonder if Andy really cares about profits or he thinks he can play it out like Bezos and become so big as to garner the market before he has pricing power and can turn a profit of sell out? Not sure how the market will react, but I do not see this much different than Ballard yesterday as we both lose money and increased sales. At this rate I do not see us getting in the black this year as I had projected. It looks like Andy is going after the whole supply chain now and I hope he's not spreading us too thin. I can see them adding more supply as this goes on and wonder if the cost savings will cover the interest cost and overhead we are adding as they project. Big opportunities come at big cost and if they cannot run what we have now profitably how can they run and even bigger conglomerate?