I talk about this a lot with friends and family th
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Posted On: 05/13/2019 9:38:53 PM
I talk about this a lot with friends and family that are in with us. The huge market caps of these companies that lose millions or hundreds of millions a year and are worth billions because of the users, potential, etc. Then smaller companies with still high market caps and revenue like you mentioned with a little net income.
We acquire a company that is net income positive, and that’s with the huge increase in subscribers coming at the end of the year into the next year. We are continuing to add subscribers, we have no debt, our chances of being net income positive are high, imo.
We should see if we are net income positive for Q1, not sure how it’ll work with all the offering money and everything else that happened including possible one time fees, but we should get a very good glimpse.
If I remember correctly there was at least 1 one time fee Sound Concepts has in those numbers as well.
We acquire a company that is net income positive, and that’s with the huge increase in subscribers coming at the end of the year into the next year. We are continuing to add subscribers, we have no debt, our chances of being net income positive are high, imo.
We should see if we are net income positive for Q1, not sure how it’ll work with all the offering money and everything else that happened including possible one time fees, but we should get a very good glimpse.
If I remember correctly there was at least 1 one time fee Sound Concepts has in those numbers as well.
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