Replies to post #14703 on Labor Smart Inc (LTNC)

[jmurfk]

so as lond as the groos profit goes up the fact that the losses are staggering means nothing

This isn't what he said at all. No one has ever argued about the net loss. We know there's been net losses.

When you claim increased revs equal increased losses, that isn't correct. If someone, with a little business knowledge and common sense, looks at the last three quarterly reports, they would see;

1st quarter - the net loss was 2X the gross profit.
2nd quarter - the net loss was close to equaling the gross profit.
3rd quarter - the net loss was only half of the gross profit.

The above occurred as revenue increased. So, I laid this out as basic as possible. You see how the net loss has not increased, with increased revs and gross profit?

[DD2Gain]

so as lond as the groos profit goes up the fact that the losses are staggering means nothing

Wow. How could an investor have construed what I said as anything but net losses are decreasing relative to gross revenue?

The facts are plain as day. The second and third quarter reports show dramatically improving margins. Nobody has once said that there aren't losses or that they don't matter. Most everyone has said, however, that the net losses are actually indicators of good things happening since they are decreasing as described.

It's really very, very stupid simple to understand.

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