RE:RE:RE:RE:Another week no news. Tinley's gross profit exceeded 2019 revenues.
Revenues are trending in the right direction, more than double the previous year.
COGS will continue decreasing as volume increases meaningfully. Profits will look much healthier with Canada's upfront payments on the balance sheet and increased co-packing revenues.
I am modesty optimistic but I'm not smoking any hopium or drinking the kool-aid, management needs to kill that excessive burn rate, the time has come for others to take some accountability and stop pointing the finger at Jeff.
Just need Ted, Doug and Adnrew to step down or take a substantially lower salary and revenues will eclipse that quarterly burn much faster...
kirktop wrote: He said they're focusing on turning a profit when they did $80K in revenue in Q4 huh. That should be 1 day's revenue. What did they do for the other 2.999 months of the quarter?