Why you think $2mil/month is break even?
2019 Q1 quarterly report on October showed total revenue $4,559,552 (average revenue $1.6mil/month). During this quarter there was 2 costs which was non-recurring:
Legal and trade settlements (non-recurring) cost: $724,671
Prepaid ad inventory cost: $978,062 (These pre-payments were assets, not costs and are fully refundable and available to the Company at any time)
So without these 2 costs profit for Q1 quarter would be about $1mil. My calculation say they are already profitable with revenue $1.6mil/month.
Why you think they need $2mil/month to be break even?
EN1 Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
