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Lazy Money

01/21/14 10:06 AM

#308 RE: benosufan #307

Aye, RMCF did provide the funding, and I cannot see them doing so unless the "product" being purchased had some long term value. I would love to see the financials of the companies that were purchased. If they were wildly profitable I cannot see why the owners would sell. If they were losing money like mad then I cannot see RMCF buying them. I think we have a couple of companies that were pretty much break even. What I look at is the massive influx of new revenue and what RMCF will do with that long term. This is the factor that I am most interested in. Profit and Loss are simply one aspect of business, using massive revenues to wisely grow the business is how a company goes from small time to big time. Amazon.com had zero profits for the first 14 years. Jeff Bezo's used up all revenues to grow the company. The more revenues and company has, the faster they can grow.

Have a GREAT day