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Faucet

09/09/07 8:40 PM

#34334 RE: ktran11 #34315

Net earnings clearly important - we have to wait to see history and projected.

Your comment on the chart ktran....a little harsh don't you think? How is what we have seen incomplete? How would you change the analysis?

:)

Capital Gains

09/09/07 9:37 PM

#34381 RE: ktran11 #34315

I agree with you that Net Profits are extremely important....but their are several reasons why...Revenues by themselves can be very important for the time being....

Revenues...is before bills are paid, salaries, Cost of Goods Sold(Cogs)....and right now with

Wisebuys and Hacketts as two seperate entities....a huge portion of those costs are going to be cut in half.....

Instead of two stores paying goods providers two prices...we have one store buying in bulk and we can set up our distribution warehouse(s) for our stores..especially as we expand to the Northeast states, VT, CT, MA, NJ, and PA(don't quote me on all of those states)

Also a significant amount of profits have been being drained in the paying off of several loans that were garnered to birth the original 5 stores of Wisebuys....Those are essentially one time costs.....once paid off.......


All REVENUES USED FOR THOSE PURPOSES....BECOME INSTA-PROFIT.....

That's why right now, I'm more concerned with Revs then Profits because I know as we streamline...both will increase...but I'd like to know How much cash we're bringing in right now...so as the costs are reduced by streamlining....I'll know how much my shares will be worth in a year!!!!