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Microcap & Penny Stocks : Stateside's Canadian Microcap Board

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To: Fivenine who wrote (1594)8/29/2016 12:05:17 PM
From: Fivenine   of 1728
 
ASG up 40% after release of Q2 financials.
Continues to move in the right direction...

Q2 2016 Q1 2016 Q4 2015 Q3 2015 Q2 2015 Q1 2015
SALES 1,893,092 1,549,125 1,495,319 1,173,017 934,145 1,298,144
Cost of goods sold 921,836 744,094 731,166 429,875 425,945 622,518
GROSS PROFIT 971,256 805,031 764,153 743,142 508,200 675,626

Gross Margin
51.3% 52.0% 51.1% 63.4% 54.4% 52.0%
Gain on extinguishment of debt 205,316
969,469
OPERATING EXPENSES
Executive compensation 144,000 106,792 85,141 120,532 166,756 171,357
Salaries 267,875 313,642 342,278 338,890 351,455 456,824
Consulting fees 89,266 57,248 32,731 19,580 22,191 22,976
General and administrative 189,933 153,014 267,918 295,546 21,714 641,362
Research and development 6,033 8,408 21,858 4,440 11,044 40,777
Bad Debt
Marketing 5,759 6,312 194,292 25,309 44,666 23,414
Occupancy 49,891 57,072 65,166 63,669 72,865 62,299
Professional fees 70,430 103,822 26,027 189,227 -36,026 233,795
Stock based compensation 44,615 44,615 50,884 50,884 50,884 40,789
Insurance 68,746 69,819 91,080 61,223 63,709 85,298
Depreciation 190,499 190,501 190,500 188,964 178,154 181,707
TOTAL OPERATING EXPENSES 1,127,047 1,111,245 1,367,875 1,358,264 947,412 1,960,598
NET LOSS -155,791 -306,214 -603,722 -615,122 -439,212 -1,284,972
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