$139,000 per month or 58% Undprecedented SG&AStructural problems exists with the company
Q3 SG&A $258,786
Gross Profit $447,987 = 58%
$327,000/86000= $3.80 per ton loss
In Eagle Ford Sand Companies are making $15-20 per ton profit. If the company cannot make profit now when can it do it?
For management its good lifestyle company and for the shareholders:
A market cap of $5MM pays $327,000 US (419,000 CAD) or $139,000 per montth for SG&A)?
Why didn the company diversify to Regional sand in Eagle ford?
What other aciquistion or deals have been added to the company?
What will increase the shareholders valuse. its obviouls not this business? THe company is losing money even in this market?
What has the mangement and board done to desrve 3MM stock optiont at 0.055?
What Marketing campaigns are done to promoet the company and increase the share price?
What role does the houston office has- the company has only one contract?