RE:Let's re-evaluate our position
Yes all true. Sales do not bother me that much it is what is going to happen in the future. How much money did they raise issuing all those shares like 3 million? they spent 1 million on property. The had 700K of revenue and only have 800K in the bank... where did the other almost 2 million dollars go? Am I missing something?? by this math they would need to sell what 3 million bucks worth a 1/4 just to break even?? this is quick gorilla math but the question is how do they even break even with there current structure. If you have a donut shop (CFO) loosing money at 1 location you don't buy more and expand!!! IF they cant make this little pot shop profitable why expand??