GREY:MMNFQ - Post by User
Comment by
Gaboraon Nov 25, 2019 12:06pm
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Post# 30389674
RE:Expecting Big Cash Flow in a New Growing Industry?
RE:Expecting Big Cash Flow in a New Growing Industry?
Yes, I and everyone here expects big cash flow. Without cash flow to support the business, well my math says it's going to out of business. Got to pay the bills. e.g. Rent, product, advertising, saleries, taxes..... I could go on.
Not making a profit that's understandable for any new business.
I quote: "Expecting an industry that is going through an expansion and growth phase to be making big profits is silly."
I agree 100% with you. Turning a profit and and having cash flow is two different things. Again, without cashflow your going to go broke.
If the cash flow is there then eventually profits will come.
The sector is promising. Time will tell.
Do your DD.
GLE
Do your homework.