Compounding went from 0 revenues to over 30m in 20
Post# of 7769
Posted On: 02/03/2016 5:28:01 PM
Re: celtics2014 #7592
Compounding went from 0 revenues to over 30m in 2014. This was not on anyone's radar as we all awaited rapids eventual launch. As happens with start-ups rapids for whatever reason did not happen. Thankfully compounding came along and helped secure the company as well as a loan from Triumph for 4m dollars at the time. If the company does the cutting that they said they would then we will see a net profit for 2015.
Bottom Line: Failure happen in start-ups very often. Fortunately Bob S had a vision with compounding if not the company would be at complete zero. So the efforts for Bob s should not go unnoticed as he was the pioneer of compounding. Naturally we had high expectations for rapids but it is no longer. The company deserves credit for staying with their crown jewel compounding as without that there would be no discussion.
Bottom Line: Failure happen in start-ups very often. Fortunately Bob S had a vision with compounding if not the company would be at complete zero. So the efforts for Bob s should not go unnoticed as he was the pioneer of compounding. Naturally we had high expectations for rapids but it is no longer. The company deserves credit for staying with their crown jewel compounding as without that there would be no discussion.
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