OTCPK:ERILF - Post by User
Post by
Steelironmanon Nov 21, 2016 11:56am
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Post# 25489878
Re New announcement
Re New announcementSomething doesn't seem to add up.
The announcement states that the design facility has 400 engineers, designers, fabricators and theme artists based in Vancouver, Orlando, Toronto, Arlington (Texas), Dongguan, and Shanghai.
At a pay scale of only $40,000 per year, which is quite low for the description of the employments, that adds up to an expenditure of 160 M$.
There total annual sales are in the range of $120 M per year.
This leads to a shortfall of $40 M not including the cost of all the sales.
What gives?