GREY:EPWCF - Post by User
Post by
1Horneton Aug 01, 2021 5:54pm
184 Views
Post# 33638774
Medisure, Total sales verses actual profit. Think about it!
Medisure, Total sales verses actual profit. Think about it!What was bought by Ole Sigma6 with your investment $. A tiny strip mall warehouse in Ajax Ontario with some stock on the shelves for distribution and a sign on the door. Not even a company vehicle. The company is originally from Pakistan and has a location in India as well. They stock a limited selection of specialty products. The previous owners made off like bandits. The total sales for this company is being touted as being a good investment for Empower however lets look a little closer now. So their total sales and their total profit are two vastly different things. We should consider all the expenses involved in operating this venture. Then subtract this figure from the total sales. This simple calculation leaves you with a much different figure that does not look quite so attractive. One thing is certain. The previous owners have hurridly closed the deal and laughed all the way to the bank because a Canadian dollar is worth 129.68 rupee in Pakistan, so these people think they just won the lottery. You see Ole Sigma6 just throws money around on these partnership/aquisitions without much negotiation and as evidenced with past dealings the operators of the target companies cash in big time. After all it's your investment dollars Steve is throwing around, not his own. Besides he is making hundreds of thousands a year by sucking in investors that aren't too savey with the ways of business in the market. This like everything else will deplete share value by weeks end once people look closer past all the fluff news. Empower is not a good investment.