This is for your HUB post about where the money we
Post# of 40991
(Total Views: 331)
Posted On: 09/16/2019 4:39:13 PM
This is for your HUB post about where the money went during last nine months:
AR collection: $ 2 mil
Cost of Sales: (1.455 mil)
CogoSense Payment: (0.475 mil)
Legal: (0.109 mil)
G & A: 0.474 mil
Marketing: 0.11 mil
Whoops, it looks like the company short on cash flow to cover all expenses, right? Or it is a conspiracy theory. That is why he is loaning the company money and not collecting any. As he collects more from the AR, the company will be in top shape. More product awareness and insurance interest in the product will lead to more product sale and AR reduction. The key is that he managed to provide the products to others and have them accept the idea of selling it. That is the art of sale, until the product becomes driven by a natural consumer demand flying off the shelves....That is not the case here or at least not yet.
The key to all of this is not really to provide all these details but rather to make a point that everything is in the financials and there is nothing hidden for you to make an informed decision, realizing that you are investing in a penny stock and willing to take risk.
AR collection: $ 2 mil
Cost of Sales: (1.455 mil)
CogoSense Payment: (0.475 mil)
Legal: (0.109 mil)
G & A: 0.474 mil
Marketing: 0.11 mil
Whoops, it looks like the company short on cash flow to cover all expenses, right? Or it is a conspiracy theory. That is why he is loaning the company money and not collecting any. As he collects more from the AR, the company will be in top shape. More product awareness and insurance interest in the product will lead to more product sale and AR reduction. The key is that he managed to provide the products to others and have them accept the idea of selling it. That is the art of sale, until the product becomes driven by a natural consumer demand flying off the shelves....That is not the case here or at least not yet.
The key to all of this is not really to provide all these details but rather to make a point that everything is in the financials and there is nothing hidden for you to make an informed decision, realizing that you are investing in a penny stock and willing to take risk.
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