ceo forgiving debt after 162K quarterly loss fr
Post# of 10263
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from operations.
kazi will probably tell you that debt forgiveness is coming back around from somewhere. lol
155K in quarterly SG&A slush fund. right on track for another 600K of SG&A against 7K per month and on track for 80K-90K in revenue.
another brutally mis-managed quarter with a expense to revenue ratio now at 8X (182K operating expenses vs 23K of revenue)
that's almost impossible to do unless someone is in a coma, someone has the ATM card and the resident dog is answering the phone.
in my humble opinion
cheers
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