pretty much expected.....
lets here the sugar coating now.....
um, compared to previous qtr, ie JC's/JSDA other winter qtr, sales up slightly, gross margin up and loss down. Now we go into Summer with two new accounts, WFMI and Albertsons.
what matters is whether or not they were cash flow positive for the quarter. That is the 1st key as cash flow is needed to support growth.
Revenue decreased 20% to $3.1 million, compared to $3.9 million last year.
Operating expenses decreased 57% to $1.1 million, compared to $2.7 million last year.
So we decreased expenses by $1.6 million and only saw $800,000 decrease in sales. Translation - those sales that were eliminated were costly to fulfill.
That's a good thing to eliminate those sales.
Now we can begin to move forward.
you missed by 1.6 million in sales and sales continues to decline yoy ..dummy as they run out of cash
You REEK of desperation buddy!! I've never enjoyed making money as much as I do right now! I LOVE YOU!!!!! God bless you and JSDA, you both are making me so happy! :)))))))
Choke on it Chicken Little - LOL
WATCH IT CLIMB - GOLD BABY!
Sentiment: Strong Buy
baggies in denial .....all that sugar has rotted your cerebral cortex...lol