Rubbish is becoming flat out lies Stop it! You can not lie your way out of this. I am not going to directly respond but I will give a little common sense sunlight to a few desperate statements I read.
1) A $250,000 foreign loss swings to a $250,000 gain? It is near impossible to crunch numbers because I do not know what was in play at any given moment in time, but if we say the above statement happened under the same conditions that the loss occurred under, then you are stating that the Canadian dollar went from $0.75 to $1.25 (approx) against the US dollar in Q1? I am going to go out on a limb and say that did not happen.
2) The addition of 97 machines will make a difference? First of all the machines were partially deployed so it is not a full 97 for the quarter over the whole quarter to begin with... but skipping that, then tell me how the deployment of well over 1,000 machines had no meaningful effect on your bottom line but these magical 97 will?...but then again hasn't every quarterly deployment been a magic deployment according to the pumpers?... and what was reality when each and every quarterly report came out?...and the pumpers response is always the the next quarters magical deployment will make a difference...No it will not because you are time and time again ignoring that which is causing the loss. If the machines individually are not carrying their own weight then collectively they will not either. You can multiple a negative number by any number that you like and the results will still be negative. The machines have to support themselves, and until such time as they do then the depoyment of new machines will not change a thing.
Now here is an easy one for any of you that live in the real world. When Macy put out the press release a few days ago, Q1 was already over by almost a month so he knew exactly what the numbers were for Q1. In his 2016 outlook did you hear him say, imply or even hint as to anything about a profit or even an improved bottom line going forward? No you did not. He gave you more of the same old same old EBITDA bullshit that he always has and if after all this time his continued allergy to the "P" word does not tell you what once again is coming down the pipes then may God help you because it is completely out of my earthly powers.
Fool me once, shame on you. Fool me twice, shame on me. In other words guy's, if you continue to make the same mistakes even after you have learned that it is in fact a mistake then you have no one to blame but yourselves. EBITDA is not profit and it does not directly translate to profit when you are running a hardware business. Increased machines means increased revenues and increased EBITDA but it also means increased overhead for those machines which just by accident EBITDA conveniently seems to leave out. Maybe that is why he is so in love with that undefined and unrecognized acronym?...I think so !...and that is the ticket guy's. As long as he continues to put that placebo on your plate as your whole meal, then you should be able to extrapolate that he has absolutely no meat to offer you. ...Now go back and read his outlook for 2016 again and draw the logical conclusion. More machines = more revenue = more EBITDA but no where is there a "P" to be found.