RE: RE: RE: Their... Exactly...couldn't have said it better myself. I have an idea in start up mode. I'm only making about $600 a month but it is growing - it was $200-$300/mo in the spring. You know what my costs are? $0. My only "cost" is my labour of developing everything I need to develop to get things going. The tax man will be seeing write-offs as far as I can push it with respect to a home business but in reality I would have had those costs anyways. I even do this in my spare time along with my full time job so there's no real "opportnuity cost" either.
E-commerce type of initiatives have never been easier and more profitable, in my case profit margin of 100%. I don't know what it is with FUT...or PYN or SCG or INT or CX that they keep losing bundles of money on ideas that seem pretty straightfoward. But sometimes I think their existence on the TSX is solely as a cash machine for the management teams of these firms and the market makers that support them rather than an actual viable business set out to make a profit. The alternative is that only goofs who can't tell their behinds from their faces and who are experts at running businesses into the ground are allowed to list on the TSX Venture.
CX is a particularly funny one if you follow what they do. Literally ALL they do is run websites and collect ad fees associated with clicks on those websites...they STILL manage to lose money like all the others I mentioned. Anybody with a blog can implement the same basic idea and make 100% margin on any revenue they collect lol.