Replies to post #62338 on Grupo Resilient International Inc (GRUI)

[WardOffMonkey]

Jimmy, where do you think the financials will end up for the second quarter? If you look at the first quarter year over year, sales are up 222%, COGS is up only 116%, which means the gross margin has gone from just negative 15 months ago to 32.7% this year. SG&A expenses were cut by 63.8%, and the Net Operating Loss decreased from $(1,125,416) to $(293,385).

Although we don't know what the April sales numbers were, the company PR'd 491 units sold in May, which in month equals 76.8% of the total sales for all of the first quarter. If April and June are strong also, then in all probability the company should finally post a bottom line profit. It may be the third quarter before that happens, but I will be somewhat disappointed if we don't see a profit this quarter. Profitability combined with some audited financials would do us much good here. A big contract would hurt either.

[stockperformer]

Jimmy, they can get the PPS over 2 cents without executing what I posted in the past. They need to buyback or retired more shares which will bring investors in due to low float of shares.

Also, several PR's in one month with sell orders will capture attention and buyers will come in, ultimately moving the PPS.