Ann: EN1 U.S. SBA Stimulus Funds Approved, page-118

Sorry she is getting getting $50 on top of the basic allowance not $50 a week.



Okay so lets do assumptions based of 835k which is also meant to be 'improving' so realistically this should be a minimum.

835k / 21 * 30 = 1.193M (rounded)

Which compared to 2019 April of 1.21M are doing pretty much the same but remember revenue has grown by 25% so if we were do do 25% premium on the remaining days we would be looking at $1.282M (rounded down) so are actually doing better.

Source https://www.asx.com.au/asxpdf/20190513/pdf/44516zgzpjzjcq.pdf




So again how is it that EN1 are in such dire straights that they need government assistance? Compared to other businesses which might of gone from say 10k per day to nothing as they are unable to open their shops/restaurants etc - this is where the government wants money directed to as they don't want businesses to go under.

This is a difference between need and want and why governments are cracking down on people just trying to get it before they want it (after all who doesn't want free money) however EN1 from my prospective don't NEED it as they have additional funding sources they can utilise if need be and really the business isn't doing any worse off compared to 12 months ago if anything potentially doing slightly better in terms of revenue.

However if you feel a company doing same if not more revenue compared to 12 months ago with additional funding sources needs government assistance then that is your thoughts just as I don't believe EN1 needs it and would rather that 600k go to 6 small businesses of 100k each to help pay for their bills, rent etc that literally cannot open or sell.