Think about it. We know Sound Concepts has 60 empl
Post# of 32635
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Posted On: 08/27/2018 6:01:01 PM
Think about it. We know Sound Concepts has 60 employees. To make the math simple lets say on average, each one cost $100K fully loaded with benefits, etc. That's $6M in salaries.
Based on them being in business 39 years, one would assume they are profitable. To pay salary, rent, marketing, travel, app development, etc one might assume they taking in north of $10M on revenue. These are rough numbers. could salaries and expenses or less, but equally revenues could be much higher.
One thing is for certain, the owners see the potential in nFusz to make them very wealthy with $10M of shares.
Based on them being in business 39 years, one would assume they are profitable. To pay salary, rent, marketing, travel, app development, etc one might assume they taking in north of $10M on revenue. These are rough numbers. could salaries and expenses or less, but equally revenues could be much higher.
One thing is for certain, the owners see the potential in nFusz to make them very wealthy with $10M of shares.
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