RE: anyone care to interpret the results??EXACTLY.
If you want to get better acquainted with VSI, suggest you read Macaroni1's posts. Or spend a little time reviewing Darbygirl's posts, too. Both have a really good handle on the business model.
I have posted notes from the 3rd quarter CC, as well as any reviews from BNN.
I think you'll find admin costs increasing in preparation for deliberate expansion...the selling cycle is long, and salespeople have been added strategically.
And a good way to learn will be by listening to the questions asked by analysts...and reading their reviews after the call.
This should be an interesting call.
Gladys7