Love this part of the article Financial Analysis
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Posted On: 03/14/2013 7:16:08 AM
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Financial Analysis
The most recent (unaudited) Quarterly Report for Rapid Fire Marketing, Inc. was filed for Q3 on Nov. 7th. The company managed turnover of $25K on a cost basis of $14K, giving it a gross margin of 44%. RFMK managed to burn ( or um...vaporize ) $170K in the same period, reducing cash on hand to $24K, and this after significant increases to paid-in capital. Net losses for the past three quarters have amounted to $431K, and the company lists total assets at $324K against current liabilities of zero.
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