OTCPK:CAWW - Post by User
Comment by
Ciaoon May 01, 2017 9:59pm
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RE:Gross Margins Smashed. What Happened?
RE:Gross Margins Smashed. What Happened?93Darkhorse93 wrote: Well that was an ugly Q. What the heck happened to gross margins absolutely killed the EPS for the Q. Then to blame it on increased vacation time by employees and a slowdown around the holidays. I am sorry but that happens every year. I am not buying it.
More ugliness as this is a lot of travelling, sure they were expanding but...
Travelling expenditure increased by $516,814 to $642,909 for the twelve months ending December 31,2016 as compared to the thirteen months ending December 31, 2015.
The non-arms length management fees for controlled companies continues.
All could be forgotten if margins held up and if a profit was in Q4.