RE:RE:RE:RE:Warrant revaluationYa I get you, I think oil2020 pointed it out earlier, our net assets doubled, which is again a true indication of where we are, which means we spent a lot if money investing in the company, I.e. reagents etc. So that's again is where people get confused, you make money but spend it, in our case we definitely have to pay upfront for tests before we sell them and process them, and finally get paid for them, so theres always a big expense before a big profit.
MSmitty2020 wrote: Your explanation is good but not sure I see the dope earnings when you remove revaluations ...
$1.5M for Q3 less costs of goods and admin of $2.2M equals a loss of $700k... what am I missing?
That's where I am trying to reconcile ... we need more revenue to offset admin ?? Which we will do I believe