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TraderGash

01/28/14 1:02 PM

#10840 RE: Fandango911 #10839

How is MDBX "turning a profit" when the form 10 filed to the SEC shows a net loss for 2012, a net loss for the first nine months of 2013, and a net loss for the most recent quarter?
Disclosure- short.
PS - any update on that dividend?

236T568

04/11/14 5:54 PM

#12134 RE: Fandango911 #10839

actually, no

scam company MDBX has failed to turn a profit since it has been public

in the 4th quarter of 2013 alone they lost over $0.5 million on just $423,000 in revenues.




No, they have generated $13m from 2010 to 2013 from machine sales, consulting services in helping people get dispensary licenses, and then building their dispensaries for them. They appear to be the only company in the sector actually turning a profit. This us all available on their website and also their recent Form 10 filing.