...GOSY has net net profits over $500K!!!!!!!!!!
Post# of 2217
...GOSY has net net profits over $500K!!!!!!!!!!
This initial $750,000 transaction significantly impacts GeckoSystems' fiscal status. As corporate guidance, the company's income statement now reflects more than $500,000 in profit before taxes for the fiscal year ending June 30, 2013. Due to the company's tax loss carry forwards, no state or federal taxes are due. Gross margin for the year as a percentage of gross revenues is over 70%. Return on stockholder equity exceeds 40%. The company forecasts over $5,000,000 in additional licensing revenues over the 5-year duration of this contract.
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