RE:RE:RE:ACB Financials..Agreed. I think with Oil sales now online, plus sales excess of 2 million (monthly) will get us to profitability. Fingers crossed
oilcan2012 wrote: I think they are very aware of their expenses. A lot of capital was raised (fees), earn outs and other deal related costs came to fruition in this reporting period. Capacity increases (revenue drivers) will drive SP. Once SKY is on-line, $$ will be coming in by the shipload.
45Freedom wrote: They've grossed a bunch of dough, but their expenses are really high. I think if someone in their management team does a deep dive into the financial statement, they will tackle some of the unneeded expenses and put some money to the bottom line. Looks like they've yet to do that, but am sure with that kind of revenue, will very shortly.
Would explain the flat line in the stock price after reporting revenue. Just remember gross before expenses is not profit. They're on the right track to do great things.