Silence No answer to the few questions I had asked. They are easy questions, but difficult to answer. I understand.
If they can resolve the debt issue (shares for debt) and reduce their admin expenses (iI don;t have the breakdown of costs for this expense category) it would be a major step forward.
Gross margins should be higher this time around as cost of sales should decline. The bulk of these costs are incurred at the time of sign up. (With these too, I don't have the breakdown on what these costs are). Some are fixed costs others variable. Maybe some economies of scale can be realized if things get moving.
The drive towrds profitability is possible. It's not out of the question. Getting the house in order to a leaner more efficient operation will help. Easier said then done, but it must be done.
The revenue side is the key of coarse. Get the car running first, then we can drive.