John I don't agree with that statement at all. Im
Post# of 7769
Posted On: 04/25/2016 6:05:33 PM
Re: johnroberts #7715
John I don't agree with that statement at all. Im betting that they are making $ and why would I say that? 1. Paid approx 269k for legal fees recently to Ironridge. 2. Paid 285k to a former company that did business with us.3. 65k a month is being paid to an investor for 2 years. 4. Bought another pharmacy in Alabama for approx 700k. 5. Re-upped for 3 years in Poole Georgia for PIMD $3500 a month. 6. Took a write-off for Iron ridge in q1 2015 for 1.4m ( IR of course reneged) agreed to pay 400k in cash right away and 100K for 10 months.
With all this $$$$$ I believe what you will see is a very positive q3. Why??? New management will make themselves look good in q3 with Bob S. The initiatives will look very good for q3 2015. Q4 2015 will be even better.
Now the revs may look like 6m to 7m in q3 however the net income will be IMHO POSITIVE. Q4 will be solid as well IMHO> Likely 30m to 32m was done for revs in 2015.
Bottom Line: q3 and q4 2015 back to back positive imho
What will it do for the stock???? Not sure
With all this $$$$$ I believe what you will see is a very positive q3. Why??? New management will make themselves look good in q3 with Bob S. The initiatives will look very good for q3 2015. Q4 2015 will be even better.
Now the revs may look like 6m to 7m in q3 however the net income will be IMHO POSITIVE. Q4 will be solid as well IMHO> Likely 30m to 32m was done for revs in 2015.
Bottom Line: q3 and q4 2015 back to back positive imho
What will it do for the stock???? Not sure
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