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19/06/13
15:51
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Motors -"There's been a lot of talk that they are cash flow positive now!!. Could well 6 be confirmation of that??."
OK here's an exercise for you 1030 also Motors and bestmuff:
Compare to GGP to their other partner then who has also Ann'd a consolidation recently and is CURRENTLY AT 0.001 now
I'm talking about GGE
GGP CASH FLOW (positive?) = in the future, don't think so
Figures from both company's half yearly in March 2013..
GGE
Revenue $1,967,789
Cost of sales ($1,065,062)
Gross profit $902,727
After all expenses
(Loss) for the half year ($1,069,620)
GGP
Revenue $1,605,134
Costs of sales ($2,595,916)
Gross (Loss) ($990,782)
After all expenses
(Loss) for the half year ($3,671,284)
As blind freddie can see GGP needs a lot more income to just offset their last 6 months loss of $3.6 million
CASH FLOW POSITIVE?
Need more than words of hope to achieve this
maybe I'm blind because I can't see it, even with 5 & 6 flowing to market -- $3.6 million loss is a lot to overcome
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