Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gensci Regeneration Sciences Inc. (GNS) -- Ignore unavailable to you. Want to Upgrade?

To: Andras who wrote (170)	5/19/1999 6:45:00 PM
From: Edward W. Richmond	Respond to of 225

Andras, here is my analysis of the costs for Marketing, general and administrative. Quarter__Revenue____Cost of M,G&A___Cost of M,G&A/Revenue(%) 98(Q1)__2,290,420______2,803,226_____________122.39% 98(Q2)__3,548,823______2,964,145______________83.52% 98(Q3)__5,023,246______3,357,050______________66.83% 98(Q4)__5,441,639______4,409,249______________81.03% 99(Q1)__6,507,812______4,574,093______________70.03% It appears that we might be beginning to address the excessive costs of M,G&A. However, with just less than a 20% revenue growth rate and M,G&A expenses at 70% of revenues, we still require some substantial cost decreases in this area. The areas of revenue growth and M,G&A will be on my radar screen when Q@ results come out. My family and I are not planning to sell shares at this point in time. I will admit that we hold them less tightly than we have in the past. It seems prudent to give the company some time to get its cost of operations in order. Regards, Ed