GREY:FASDF - Post by User
Comment by
SuperMoneyon Dec 01, 2016 6:58am
79 Views
Post# 25538688
RE:question
RE:questionHey, TheRevenant, welcome to this board. Finally see you here. As I mentioned to you on other bullboard, I am a strong believer lots of money could be made from FAS as we did on MRS, TTD, HIT, ......etc. This is why I am holding million of shares here and likely will continue to buy more. Hopefully, you can kick the tires for FAS. Let's make make lots of money here together again. Cheers you and myself.
This is is NOT trade advice. Please do your own DD.
TheRevenant2016 wrote: was looking at the company thru sedar filings and MD&A
Having a problem understanding the revenue model/sustainability
How does the company show payouts as in prize money to the tune of $9Million
yet only taking in appx 1/8th of that in revenue
How can it afford to pay out 8 times in prize money what its taking in
as revenues?
Some help please is solicited if I am misinterpeting the revenue model
as I am kicking the tires on this for investment consideration but this
question is a game breaker for me. tia