Sorry, but I wasn't talking about SWVC with that statement about cost of revenues, that was concerning GZFX/GMFX.
We'll have to wait for SWVC's 10K to see if it applies here overall. It shouldn't with respect to Wisebuy's or Hacketts, in fact we know that Hacketts sees pretty good margins revenues over cost of goods sold, although they did show an overall loss first 3Q's of the year.