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rtaylor111

01/26/08 10:58 AM

#91614 RE: ergo sum #91612

That's a very good question. Sadly, I could not find the answer. Obviously, the percentage of total revenues is what matters. Perhaps the TH would share that kind of information?

From the description of the operation, and pictures on the internet, it looks like GL runs a no-frills business. You can notice in one of the store photos that there is no lighting to speak of, and every inch of shelf space is used. Also, the IT office photo shows a basic office with small cubicles for the office workers. I wouldn't want to work there myself, but it looks like they are good stewards of company funds.

All this is speculation on my part, of course. Perhaps I'm dreaming, but audited financials would answer a lot of these questions. At this point all we can hope for is that GL is profitable and will be able to sustain its growth projections. Once this company becomes tradeable in China, the sky is the limit--IMO.