GREY:ACEXF - Post by User
Comment by
JamJam123on Jan 30, 2017 8:10pm
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Post# 25775282
RE:Good financial
RE:Good financial made a mistake
Total Revenue 1,546,812
Total Expense 3,692,497
Among expense biggest part is
Professional and advisory fees 2,415,922
General & administrative expenses for the three months ended November 30, 2016 increased compared to prior three month period. The increase is mainly attributable to the legal, consulting and acquisition costs relating to the LBI acquisition. Also the depreciation and amortization increased due to the property and equipment acquired through the Acquisition. General & administrative expense for the nine
So let’s be conservative and take last q
Professional and advisory fees for going forward which was 1,50000
For one month LBI added 1.1 million on net income so for 3 month it will be 3.3 mil
SO expected income for next q 2.2 additional income -1.7 loss+(2.4 mil-1.5 mil)=1.5 mil
Add 2 new acquisition that has combine revenue 4.4 mil + 10% growth
And wait for a year to get refinancing done they will be rocking…..