RE:Very Profitable Quarter: Details insideSo where exactly is the surpised?
Everyone is so excited as if a major discovery was made.
This is what I had posted on October 2nd, 2021 or almost 45 days before actual earnings report and NOW I AM TELLING YOU THAT THIS 4TH QUARTER WILL SHOW A MATERIAL DECLINE IN REVENUE + A LOSS FROM OPERATIONS.
This was my previous post:
Projected Revenue in Q3 ending September 30, 2021
Actual 1st week of July: $ 1,005,050
Actual 2nd week of July: 1,005,050
Actual 3rd week of July: 1,005,050
Actual 4th week of July 1,005,050
Estimate 1st week of August 1,005,050
Estimate 2nd week of August 1,005,050
Actual 3rd week of August 3,015,150 (per lawyer reponse that revenues tripled)
Actual 4th week of August 3,015,150
Actual 1st week of September 3,015,150
Actual 2nd week of September 3,015,150
Actual 3rd week of September 3,015,150
Actual 4th week of September 3,015,150
TOTAL PROJECTED REVENUE: $ 22,111,100
Gross Margins 40% (doing all 3 tests, margins are much higher)
Gross Profit: 8,444,400
Expenses in quarter: 3,400,000
Net Profit: $ 5,444,400
My personal opinion