GREY:CHALF - Post by User
Post by
MrJeb215on Jul 14, 2016 8:19pm
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Post# 25054365
The road to Cash-flow +
The road to Cash-flow +
So i finally had a minute to listen to the last conference call and here is my rough take away from that.
Please let me know if I missed anything.
Q4 2015 expenses were elevated to 4.3 million
Q1 saw a expense decrease by 28% (3096000)
By Q4 2016 epxenses are expected to drop a further 24% (2352960)
Within a few short months the company is expected to have rough expenses of 784320 monthly based on the available data. With current sales around a Million per month (hopefully improving) we should be looking at a much better valuation than today. The market and the SP are strongly disconeccted, but my faith is in the strong support managment is showing this play.