Replies to post #80344 on 8000 Incorporated (EIGH)

[timmyjames]

well this from the PR:

"The revenue generation from this project is expected to double current Monk's Den figures (to $10M USD) by quarter 3 2011."

makes one think that current Monk's Den figure would be 1/2 of 10MM, which would be 5MM


I cannot see how 5MM is not profitable


again, I must be missing something

[ordinarydude]

"starting out in the business you would not expect to make profit till you reach the point of intested parties attending somewhere down the line...."

I understand economies of scale, Zephyr. When a firm crosses the breakeven point, profit (obviously) is realized. The question I have is if he's not realizing a profit, then why is giving the seminars in the first place?

I don't know what the typical margin is for seminars (I know a few who host them, and set them up---but I never spoke about margin to them). The companies that pay my buddies to set them up obviously do so for the purpose of instruction and advertising.

Anyway, Monk has a major presense here and that raises a few questions in my mind. I'll ask again for posterity, even though you commented already on a few of them....

1. How long has he been giving these "seminars"?

2. If he isn't profiting from them...then why continue to give them?

Ordinary