TSXV:MRS.H - Post by User
Post by
robmilleron Aug 23, 2019 12:58am
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Post# 30057898
I have to apologize!
I have to apologize!Actually on a new upstart growth company
you might have some of your own money and friends
to help out but as you grow you have to sell the story to
some sort of investor or bank to help finance the future growth
of the company as we know start ups are 3-5 years without profits
of any kind, So we need a sales machine out their IE: Bristol not doiing
the job needed and overhead still is quite high and even higher now IMO!
I like the new adds but I think some of the older ones can go!
So yes Profits will not materialize overnighr but if they keep the pace up and
not fall flat now until next year and achieve $100 mill in sales this year and show a
increase the year after kodows to them and us and get a real seller to promote
not Bristol IMO!
So margins do come into play to sell but everyone knows no profits will ne made for
a few years! But without margins of any kind no one will even consider looking at you!
Rob