RE:RE:RE:RE:RE:RE:RE:When will this stop being halted? Jessa I agree completely that there are always posters who bash for bashing sake, as with the pumpadoodledoers. Both are boring as $hit.
In regards to WatchIt and my concerns with the numbers, and the drag on Inner, which is, lets face it, the only reason anyone is here, the watch business will contribute big losses going forward, the reason it was facing bankruptcy in the first place. The history lesson. A gross profit of 2.4 million, yes almost a double from the year before, but an accelerated loss to 4.6 million up from just over 359K the year previous. YIKES. I was mistaken in earlier posts that WatchIt salaries were close to 2 million, my bad, actually there were 1.654 million, up from 923K, an additional 700+K.... I guess from that resurgent Alberta market place... not..... (13 stores, minimum wage is 12/13hr, a couple of employees per store, selling watches is not hard or busy, hardly reasonable, maybe 2017 could be argued successfully)
My point is obvious, WatchIt was doomed prior to Inner and the pot business. We are here because of the pot business, not because of the watch business, the clearing of the table and fixing the broken legs and cracked foundation of the watch business is not sound business. The numbers prove it, we bailed it out when the money would have been better invested in Inner. It sucks, and any posts here that show this is not bashing, it is a simple statement of the truth. Numbers never lie.
The fact they posted a NR about the financials without a scrap of finacial news in the NR also speaks volumes. A loss is a loss, trying to hide it in puffery and boasts on what were "gonna" do, or "wanna" do, is unprofessional and smells as bad as our wares (The grammer in that last sentence is about as professional as the NR)
Dump the watch business, let Amazon sell watches, they do a better job, and focus on the reason were all here. Shareholders will be better off. Good luck, thanks for the adult conversation