News Focus
News Focus
icon url

Madcowelixir

07/21/23 6:39 PM

#80849 RE: PeonyVMW #80846

PeonyVMW...."profitable" is questionable at best and not likely in my opinion. Revenues are not being reported corollated to expenses. For example, one the largest revenue streams reporting is Coupang (the S Korean Amazon) but encompass several months of revenues (perhaps quarterly, maybe semi-annual, but I'm guessing) but are reported as revenue in just a single month occasionally and not every month, yet the expenses reported are not corollated and are month to month upon orders via the DIP financing. We don't know if "profitable" is accurate if you attribute perhaps 3 months of revenue to only 1 month of expenses on your largest revenue stream.