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coastiretired

03/29/07 4:34 PM

#69632 RE: nerd86 #69621

"Prove me wrong on the "profitable business"

I believe this has been discussed ad nauseum before. Take the first six months of 2006. Centerline sold $43,847,167 of minutes which cost them $43,361,482 for a net gain of $485,685. Taxes alone on these sales pretty much wipes out any hope of profit. Add the costs of everything from leases, employee & officer compensation, travel budgets, and keeping the office bathroom stalls stocked with toilet paper. . .You have a business that is far from profitable.