(Total Views: 386)
Posted On: 03/17/2018 3:17:03 PM
Post# of 1514
Apparently Mr. Gurba has responded to one of the shareholder's e-mail. As assumed, the financials are late due to verifying both 2016 and 2017 figures. Everything will be released soon.
On a bad note, first quarter revenue will be roughly half (5.2 M) of the original optimistic revenue estimate of +/- 10M which was being floated around earlier, partially due to the Florida hurricane and its effects on the citrus growers in the area (a large BTGI client).
On a bad note Part 2, the cold storage facility was closed. Apparently it too was losing money with no foreseeable profit point since the building's owner's wanted to jack up the lease costs even more.
On a good note, Gurba will be having another radio interview full of forward guidance (hopefully it helps offset the past reality)as soon as the financials are released. Lets see what the man has to say before anyone overreacts.
On a bad note, first quarter revenue will be roughly half (5.2 M) of the original optimistic revenue estimate of +/- 10M which was being floated around earlier, partially due to the Florida hurricane and its effects on the citrus growers in the area (a large BTGI client).
On a bad note Part 2, the cold storage facility was closed. Apparently it too was losing money with no foreseeable profit point since the building's owner's wanted to jack up the lease costs even more.
On a good note, Gurba will be having another radio interview full of forward guidance (hopefully it helps offset the past reality)as soon as the financials are released. Lets see what the man has to say before anyone overreacts.
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