This company could have run off its own juices long ago. Matts was holding it back with wasted spending (ice cream cakes for example) & horrible loans (for which he got kickbacks under the table). Remember we are still trying to pay off those loans (hence 2 increases in authorized shares recently) & trying to recoup some of that prepayment for the ice cream cakes. Joe is just showing that this company was already able to run on its own juices a while ago. Matt was mismanaging the company & bilking its shareholders. Matt was getting ahead of himself & trying to grow the Gross Revenues of the company (While not getting anywhere, if not losing more net profits) so that he can just look like he is running a bigger company & get a fatter paycheck (& more shares). Basically we would have been here long ago if not for Matt. Good riddance.
Get it right. Matthew Schissler ran the company into the ground. He mismanaged the company. He was a greedy stinky CEO. All he cared about was himself. He couldn't give a rat's behind about the investors.