OTCPK:MGMXD - Post by User
Comment by
materialsgirlon Mar 21, 2017 6:10pm
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Post# 26010659
RE:Past and future 6 to 12 months
RE:Past and future 6 to 12 monthsBold one;
The fly in the ointment or the fatal flaw in your reasoning may be this.
In reality, growth of 300% or 1,000% will accomplish nothing if the pricing of the end product is below or at the generation cost. The likes of Facebook and Google are good negotiators and they are determined to fool AXY by coaxing them to sell at cost. After all, AXY can boast of great partners.
My thesis is that there is an embedded problem; a lack of an Accounting department that knows how to count costs. Sadly, I do not expect to be proved wrong although I would love to be wrong.
mat