FormerXBC Inc XEBEQ

RE:RE:RE:RE:I'm completely wrong

[Newtrader1982]

Only thing I don't understand is I keep seeing you mention how fantastic their balance sheet is saying it's bullet proof and such. Q1 of this year they made 20.6 million but net loss went from 0.7 million on 12.2 million revenue to a net loss of 9.2 million 13 times what they lost in the previous year on q1. Ebdita went from 0.7 last year to negative 5.8. Gross margin decrease by 5%. Even if you strip away the 7.1 million they reason as extra costs for acquisitions they still lost 2.1 million on 20.6 compared to 0.7 million on 12.2. Not trying to dwell on the negative but just confused as to why you describe a company who is losing money on revenue while burning through cashpile through acquisitions which seem to at least temporarily greatly increase net losses due to sg&a as having a bullet proof balance sheet. It seems like you never comment on any of that and just stay hyper focused on how they went from almost bankruptcy to amazing revenue growth. I mean revenue growth is great if your profit is increasing as well but they haven't shown that yet. Also just to point out that value stocks have been outperforming growth stocks in general currently.